Update to the Milton Keynes Development Partnership (MKDP) Business Plan 2026/2027

December 2, 2025 Cabinet (Cabinet collective) Approved View on council website

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Summary

...to enable the delivery of the updated MKDP Business Plan for 2024 to 2027, the Cabinet agreed to the plan itself and approved the Director of Finance and Resources to finalise a £15 million revolving credit facility for MKDP.

Full council record
Content

RESOLVED:
1.1       
That the public and press be
excluded from the meeting by virtue of Paragraph 3 (Information
relating to the Financial or Business Affairs of
any particular person including the Authority holding
that information) of Part 1 of Schedule 12A of the Local Government
Act 1972, in order that the meeting may consider the exempt Annex B
to this item.
1.2       
That the updated MKDP Business
Plan for 2024 to 2027 period be agreed.
1.3       
That approval be granted to the
Director of Finance and Resources (S151 Officer) to finalise the
terms of the revolving credit facility for £15m up to a 10
year period, available to MKDP on commercial terms, to enable the
updated business plan to be delivered.

Related Meeting

Cabinet - Tuesday 2nd December, 2025 6.30 pm on December 2, 2025

Supporting Documents

MKDP Business Plan 24-27 Report.pdf
Annex A - Business Plan Letter.pdf

Details

OutcomeRecommendations Approved
Decision date2 Dec 2025