Decision details
Future Opportunities for the Fleece
Decision Maker: Overview and Scrutiny Committee, Cabinet
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To consider a potential development option for
the Fleece Hotel site, and to allow officers to enter negotiations
with a potential ‘partner’ and to seek grant funding
opportunities to support the future development of the
site.
Decision:
RESOLVED that:
(1) the Head of Place, in consultation with the Cabinet Member for
Environment, agrees a ‘Statement of Intent’ with the Phoenix Village Project to use as the basis to progress the project to agree Heads of Terms as set out in (2) below;
(2) the Head of Place, in consultation with the Cabinet Member for the
Environment, the Head of Finance and Resources, and the Council Solicitor, develops Heads of Terms with Phoenix Village Project to enable the redevelopment of the Fleece Hotel site (including Longsmith Street Carpark), and report these back to Cabinet in due course;
(3) the Head of Place, in consultation with the Cabinet Member for the
Environment, the Head of Finance and Resources, and the Council Solicitor, should pursue appropriate grant funding opportunities to enable the development of the Fleece Hotel Site. Should such grant funding require capital investment from the Council, appropriate authority will be sought.
Publication date: 07/03/2024
Date of decision: 06/03/2024
Decided at meeting: 06/03/2024 - Cabinet
Effective from: 15/03/2024
Accompanying Documents: