Issue - meetings

That:

1)        the £250,000 of Section 106 (s106) contributions (from Woodley developments only) be released to fund the regeneration proposals for Woodley Town Centre;

2)        third party funding of £90,000 as outlined in the financial section of the report be approved.

(Councillor Keith Baker declared a personal and prejudicial interest in this item)

Councillor Julian McGhee-Sumner took the chair for this item.

The Executive considered a report setting out a scheme that included a number of small projects which would enhance the north end of Woodley precinct, drive up footfall and increase the potential for economic development.

The Executive Member for Environment went through the report and confirmed that at this stage the Executive was only being asked to agree the release of Woodley generated S106 money for the project and highlighted that there would also be much welcomed funding coming forward from Woodley Town Council, the Town Centre Management Initiative, and the Mary Portas Town Team.

Councillor Ross also advised the meeting that a number of local groups had been involved in the development of the scheme and it was expected that the work would be completed after Christmas in order that events during that period would not be at risk.  

RESOLVED that:

1)        the £250,000 of Section 106 (s106) contributions (from Woodley developments only) be released to fund the regeneration proposals for Woodley Town Centre;

2)        third party funding of £90,000 as outlined in the financial section of the report be approved.