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: