Decision details

That the Cabinet Member for Finance and Smart City:

Approved the Outline Business Case (Part 1) on the basis that there is an opportunity to deliver a mixed-use leisure led scheme in line with the Council’s strategic objectives.

Approved reclassification of £0.2m of spend to carry out soft market testing and to take the scheme to Outline Business Case Part 2 stage.

Noted that the soft market testing exercise will be undertaken to assess potential delivery routes and gauge the interest of the market in working with the Council to deliver the scheme, the result of which will be presented in an Outline Business Case Part 2.

Note that Appendix 1 and 2 of this report be exempt from disclosure by virtue of the Local Government Act 1972, Schedule 12A Part 1, paragraph 3 (as amended), in that these documents contain information relating to the financial or business affairs of any particular person (including the authority holding that information).

Reasons for Decision and Justification

The Preferred Way Forward report was approved in March 2021 with development being approved.  This report set out the next stage of the project, namely to start the work to consider the best delivery route.  This report also presented the Outline Business Case Part 1 for approval.