Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: April 24, 2025

Purpose:

Content: 1.1. Approve the cessation of the current project to redevelop the Finsbury Leisure Centre site and the withdrawal of the associated planning application. 1.2. Approve an initial drawdown of £2.321m from the budget risk reserve to meet the general fund element (at current actual value) of the associated aborted scheme costs and recommend to Council at its meeting in May 2025 the deletion of the current project from the capital programme. 1.3. Delegate authority to the Corporate Director Community Wealth Building, following consultation with the Acting Corporate Director of Resources and the Director of Law and Governance, to terminate as appropriate all commercial arrangements associated with the current scheme and to approve any additional costs that may be incurred as part of the commercial settlement process. 1.4. Note the outline proposals set out in this report to continue investing in Finsbury Leisure Centre and its surroundings and to support delivery of a new medical centre. 1.5. Note the Council’s continuing commitment to delivering much needed affordable homes. 1.6. Note that alternative proposals for the site will be considered by Executive when finalised.   AGREED RECOMMENDATIONS   – as detailed in the report – as detailed in the report – none