60 Widnes Waterfront Infrastructure (Minute EXB 119 refers) PDF 25 KB
Executive Board considered a report of the Strategic
Director, Children and Enterprise,
which provided an update on regeneration projects at Widnes Waterfront and
Johnson’s Lane, and sought approval to vary the Capital Programme to allow
these projects to proceed.
RECOMMENDED: That Council include the £0.52m remediation costs of the former Bayer site and £0.5m for the provision of infrastructure at Johnson’s Lane, Widnes, within the Capital Programme, to initially be funded from Growing Places Fund (GPF) loans (subject to successful bids) which will thereafter be repaid from the capital receipts generated from the sale of the respective sites.
Minutes:
Executive Board had considered a
report of the Strategic Director, Children
and Enterprise, which provided an update on regeneration projects at Widnes
Waterfront and Johnson’s Lane, and sought approval to vary the Capital
Programme to allow these projects to proceed.
RESOLVED: That the £0.52m remediation costs of the former Bayer
site and £0.5m for the provision of infrastructure at Johnson’s Lane, Widnes, be
included within the Capital Programme, to initially be funded from Growing
Places Fund (GPF) loans (subject to successful bids) which will thereafter be
repaid from the capital receipts generated from the sale of the respective sites.
119 Widnes Waterfront Infrastructure - KEY DECISION PDF 25 KB
Minutes:
The Board considered a report of the Strategic Director, Children and
Enterprise, which provided an update on regeneration projects at Widnes
Waterfront and Johnson’s Lane, and sought approval to vary the Capital
Programme to allow these projects to proceed.
The report set out the background to each site and details of previous
approvals granted by the Board for the disposal of each site. In addition, the reasons
for the delay in disposal and in the development of each respective site was set out for
Members’ consideration.
Reason(s) For
Decision
To alter the
Capital Programme to allow funding to be made available to bring forward the
former Bayer site and Johnson’s Lane, specifically for the provision of
remediation and infrastructure.
Alternative
Options Considered and Rejected
The do nothing
option would mean that the former Bayer Crop Science site and Johnson’s Lane
sites would remain unused for a further period of time, which potentially would
result in further security and maintenance costs to the Council.
Implementation
Date
Once approval was
received, the recommendations would immediately be acted upon.
RESOLVED: That Council be recommended to include the £0.52m remediation costs of the former Bayer site and £0.5m for the provision of infrastructure at Johnson’s Lane, Widnes, within the Capital Programme, to initially be funded from Growing Places Fund (GPF) loans (subject to successful bids) which will thereafter be repaid from the capital receipts generated from the sale of the respective sites.