Decision details

Wirral Growth Company

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED – That:

 

(1)  the Wirral Growth Company Y1-3 Partnership Business Plan be approved, noting that it will be updated and reviewed on an annual basis.

 

(2)  the draft indicative Site Development Plans for initial priority sites be approved, which are; Moreton (Pasture Road), Moreton (Foxfield), Bromborough (Old Hall Road) and Birkenhead Town Centre, noting that these were indicative and final SDPs would be prepared and submitted for approval in line with the agreed site development process.

 

(3)  following approval of the PBP, it be noted that planning applications would be taken forward as appropriate for initial priority sites. No work on site (other than site investigations and enabling work) would take place until an approved final SDP was in place.

 

(4)  it be noted that the Birkenhead Commercial District ‘redline’ for town centre site development had been extended to include Birkenhead Market, recently acquired land (B&M stores) and land which the Council was in the process of acquiring (Milton Pavements). This was attached as Appendix 3 to the report.

 

(5)  the Birkenhead Commercial District Full Business Case be approved1, specifically:

 

·  approves funding arrangements set out in the report (annuity lease) as the preferred funding route;

·  delegates authority to the S151 Officer, through the Wirral Growth Company, to appoint a commercial investment advisor to commence marketing of the investment opportunity; and

·  notes the use of forecast business rates income generated from the BCD phase 1 as a funding contribution to the project.

 

Publication date: 24/02/2020

Date of decision: 24/02/2020

Decided at meeting: 24/02/2020 - Cabinet

Effective from: 03/03/2020

Accompanying Documents: