Purpose

For the Council to approve that it may accept
a Grant award from GMCA to assist with a drainage assessment at
Beale Valley.
The GMCA Grant award is a maximum of £65,000 subject to 35%
match funding from the Council.
The GMCA has agreed to make available to Oldham Council the Grant
to assist with an integrated drainage, ground and infrastructure
assessment, at JPA12 Beale Valley allocation.

Content

RESOLVED - That: The Council to accept the
grant award. Beale Valley / Broadbent Moss is a GM priority
project. The location has the potential to drive through
significant economic benefit for Oldham. (JPA12) Stakehill is now
an adopted allocated location for development of 480 homes plus
supporting infrastructure, tram stop and new educational
facilities. The grant award will facilitate an integrated drainage
assessment which is a prerequisite for economic
development.

Reasons for the decision

Option 1 – Not to accept the grant.
However, this would delay the transformative economic development
that this project could deliver.
Option 2 – Accept the grant on the basis offered.
(Recommendation)

Alternative options considered

Option 1 – Not to accept the grant.
However, this would delay the transformative economic development
that this project could deliver. (Rejected Option)