Purpose

In November 2023, Cabinet:
Decision 1: …‘Endorsed the establishment of the Joint
Delivery Vehicle (JDV) and authorised the Executive Director of
Growth and Regeneration in consultation with the Director of
Finance, the Deputy Mayor and Cabinet member for Finance,
Governance, Property and Culture and Director Legal and Democratic
Services to finalise the arrangements for the JDV and thereafter
enter into the Shareholders’ Agreement and associated
documentation with all other BTQ Partners;
Decision 2: …‘Authorised the Executive Director Growth
and Regeneration in consultation with the Director of Finance to
agree the terms for, and thereafter conclude, option agreements
(and associated documentation) with the JDV for parcels of land
within council ownership within Phase 1 subject to satisfaction of
the best consideration test being met under section 123(1) Local
Government Act 1972;
Decision 3: …‘Authorised the Executive Director of
Growth and Regeneration in consultation with the Director of
Finance to approve the JDV Business Plan once completed;
Decision 6: …‘Authorised the Executive Director of
Growth and Regeneration in consultation with the Director of
Finance to approve the procurement strategy, (including the
evaluation criteria and contracting principles) for the selection
of the DP, and to agree the framework for the JDV to lead, secure
and enter into contract with the DP’
In November 2023 Redcliffe Way was identified as possible Phase 1
site. In July 2024, Strategy

Content

To approve the following legal agreements as
per Cabinet report dated 7 November 2023 and Strategy