Content

Decision
 
RESOLVED that the Cabinet
recommended to Full Council funding for the Elstree Immersive
Experience and Borehamwood & Elstree Film and TV Heritage
Centre up to £2,000,000 as recommended by the Community
Infrastructure Levy Panel (CILIP) on the 28th August
2025.
 
Reasons for
decision
 
The projects would provide a new and unique
experience celebrating the cultural heritage of Elstree and
Borehamwood.
 
Alternative Options
Considered
 
The Council could have asked for the bid amount
to be reduced in order to lower the costs, or alternatively the
Council could ask for the bid to be re-submitted once additional
information has been sought, both of these options would have
potential implications to the timeline and delivery of the
projects.
The Council could have chosen not to agree the
bid and forego any of the associated benefits that are set out
within the report.