Decision details

That Cabinet:

a)     note the updates associated with the LRF projects, as detailed throughout this report;

Stodman Street Re-Development

b)     approve a revenue budget from the Change Management Reserve as detailed in the exempt appendix to the report;

Castle Gatehouse

c)     approve an additional capital budget of up to £1,500,000, funded by the Change Management Reserve, as detailed in section 1.5 of the report; and

Ollerton Regeneration

d)     agree to commit £500,000 capital monies (fully funded by the LRF grant and NSDC committed Reserves) within the existing approved programme and add this to the proposed capital budget for 2026/27 to progress essential enabling works ahead of the completion of legal agreements and confirmation of planning consent, as set out in section 1.7 of the report.