Decision details

The Director - Planning & Growth presented a report which updated the Committee on the Newark Town Deal projects, including the Newark Construction College Centre of Excellence, the IASTI and SiSCLog. The report also advised of the commencement of the demolition of the cattle market from early October.

Support from the Committee was also sought to begin a formal procurement exercise for the creation of the Newark Cycle Town, to include four cycle hubs, bike hire and storage. Members welcomed the report and agreed it would bring in investment and employment to Newark, and aspirational options for young people.

AGREED      (unanimously) that:

(a)          the updates provided be noted;

(b)          £200,000 be added to the Capital Programme in relation to the Cycle Town project of the Town Investment Fund programme, funded by the Towns Fund; and

(c)          Members support the Newark Cycle Town project, supporting that a full procurement takes place and that the Council’s land-holding at Castle House adjacent to Castle Rail Station, be a location for a cycle hire hub subject to receipt of private match funding of no less than £50,000 in the form of sign-up from local employers.

Reason for Decision

To continue the development the Newark Towns Strategy and Investment Plan.