Decision details

RESOLVED to:

1)   Note the progress made to date on the project towards design, land assembly and legal agreements covering resources and risk sharing;

2)   Agree the proposed approach towards land assembly through negotiated settlement to ensure timely delivery of the South Derby Growth Zone project and the potential requirement for a Compulsory Purchase Order, should negotiated settlements not be possible;

3)   Note the summary of legal agreements provided at Exempt Appendix 2 to the report and delegate authrity to the Executive Director – Place, in consultation with the Director of Legal and Democratic Services and the Cabinet Member for Infrastructure and Environment, to conclude negotiations and enter into relevant legal agreements (including formalising collaboration arrangements between public and private sector partners and separately between the public sector partners over resources and risk sharing);

4)   Agree, in principle, to submit the Outline Business Case (OBC) to Government and delegate authority to the Executive Director – Place, in consultation with the Director of Legal and Democratic Services and the Cabinet Member for Infrastructure and Environment, to finalise the OBC and complete outstanding matters linked to the conclusion of legal agreements;

5)   Delegate authority to the Director of Finance and ICT to accept capacity building grant of up to £4.7 million (drawn from the £49.6 million total available) to facilitate pre-construction work packages, once satisfied over arrangements to share risk with public-sector partners; and

6)   Note the planned approach to procurement and intention to enter into a design and build contract following the acceptance of capacity funding as detailed in the report.