Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: November 13, 2024

Purpose: Report seeking approval of the Langarth Business Plan.   Part 2 (exempt) appendices expected.

Content: It was moved by Councillor Harris, seconded by Councillor Monk, and RESOLVED: 1.  That the principle of the Council entering into a Members Agreement with Treveth Holdings LLP to facilitate the creation of LGV Property Holdings Limited Liability Partnership (LGV LLP), for the purposes articulated in the report, be approved subject to negotiation of terms acceptable to the Council. 2.  That the Interim Langarth Garden Village Business Plan for 2024-26, as set out at Appendix 1 to the report (the LGV Interim Business Plan), be approved. 3.  That authority be delegated to the Strategic Director for Sustainable Growth and Development to negotiate and conclude: (i)  the proposed Members Agreement for LGV LLP; and (ii)  a Development Management Services Agreement between the Council and LGV LLP to fund the activities and deliverables under the LGV Interim Business Plan.