Decision details

To approve the proposed governance structure for the delivery of the Masterplan, to delegate responsibility for the delivery programme to the Project Board and to give delegated approval to the Cabinet Member for Major Projects and Economic Development and the Head of Economic Growth & Development

1.1       The Cabinet:

• Noted the progress made in moving the masterplan-related work forward
• Approved the proposed approach to implementation of the Masterplan proposals in regards to the production of a Delivery Plan and its associated proposed outputs
• Approved the proposed Governance Structure and terms of reference for the Project Board and Member Task & Finish Group as set out a para 3.11 and Appendix 1 to the Cabinet report
• Delegated authority to the Cabinet Member for Major Projects and Economic Growth, in consultation with the Head of Economic Growth and Development to implement actions and activity agreed by the Project Board save for those matters which require Cabinet or Council consideration and approval.

2.2       The Cabinet recommended Council to:

·      Approve the proposed revenue budget of £330,000 (£160,000 in 2020/21 and £170,000 in 2021/22) to take forward Phase 1 of the project.

·      Approved the proposed revenue budget being funded by £100,000 from the BRS earmarked reserve and the balance of £230,000 being funded from the Multi Storey Car Park Sinking Fund.