Purpose

To provide the latest position on the
redevelopment and agree next steps

Content

RESOLVED

That Cabinet

a)     
notes the decision to rescind the Project Agreement in relation to
Phase 2 of the Town Hall Site Redevelopment, taken after informing
the Leader of the Council and the Leader of the
Opposition

b)      agrees to undertake an
options appraisal on preparing the Phase 2 site for redevelopment,
and subject to agreement of funding by the Full Council, delegate
to the Deputy Chief Executive, in consultation with the Leader of
the Council, the authority to proceed.

c)       agree to settle the Final
Account for the New Town Hall building as set out in Section 5.8 to
5.16 subject to agreement of funding by the Full Council

d)     
delegates authority to Deputy Chief Executive, in consultation with
the Section 151 Officer, to finalise the remaining financial
matters as set out in Section 5.17 to 5.21.

That Full Council be
recommended to approve:

a)      a supplementary capital
estimate of £750,000 for the preparation of the old Town Hall
site for redevelopment. Funded from existing capital resources and
to note that there may be future borrowing for the current capital
programme.

b)      a
supplementary capital estimate of £1.735m in respect of the
Town hall project, funded from existing capital reserves. In
addition to transfer the budget and amend funding in respect of the
Phase 2 housing budget to the Town Hall project.

Reasons for the Recommendations

In
February 2017, the Council agreed the deliverables of the Town Hall
Site redevelopment, the budget lines to achieve this, and the
delegated powers to develop and proceed with the development (set
out in more detail in Section 4). This report provides an update
for Members at a key milestone and seeks approval to allow the
finalisation of Phase 1, and to progress with Phase 2 of the
project.