Issue - meetings

(Relevant Portfolio Holder: Councillor I Moran)

The Leader introduced the joint report of the Director of Regeneration and the Borough Treasurer, which sought agreement for an appropriate way of funding and delivering the development scheme in Skelmersdale Town Centre.

In reaching the decision below, Cabinet considered the details as set out in the report before it and accepted the reasons contained therein.

RESOLVED    A.   That, subject to the approval of budgetary provisions by Council, delegated authority be given to the Director of Development and Regeneration, in consultation with the Portfolio Holder for Economic Regeneration, to take all necessary steps to enable a Phase 1 scheme to proceed, as set out in Paragraphs 6 and 8 of the report, and negotiate and determine the terms of and enter into all relevant agreements, to include;

1)    supplemental agreements to the Development Agreement and Collaboration Agreement;

2)    an agreement for JLL to be employed to undertake further work in securing the final financial appraisal and funding arrangements and financial agreement between the Council and its partners (to be financed through the scheme appraisal), with an exemption from the Contracts Procedure Rules being given for the reasons set out at paragraph 6.11 of the report; and

3) a funding agreement, on the basis set out in the report in Paragraphs 6 and 8.

B.     That call-in is not appropriate for this item as the matter is one where urgent action is required because, if the opportunity is not taken at this time, there is a greater risk of factors outside the Council's control preventing the scheme from proceeding.