Decision details

Exeter City Living Ltd Business Plan 2020/2021

Decision Maker: Executive, Council

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No


Report on Exeter City Living Business Plan


The Executive received the report which sought approval of the Exeter City Living Business Plan 2020/21, with the associated expenditure of previously drawn down loans for funding of business operations and development activity during the financial year 2020/21.


The proposals represented an upscaling of Exeter City Living’s activities and would make a significant addition to the Council’s ambitions for the city in line with the Exeter Vision 2020.  Members noted the aspirations identified for particular sites across the city and welcomed the contribution that would be made to providing much needed, quality housing and the economic, social and environmental benefits that would accrue, now of even greater relevance as a result of the current Covid-19 pandemic. 


RECOMMENDED that Council:-


(1)        approve the use of the previously approved Exeter City Council loans to Exeter City Living to fund the matters identified in the Exeter City Living Business Plan 2020/21;


(2)        approve Exeter City Living proceeding with the activities outlined and detailed in the Exeter City Living Business Plan 2020/21 and to include the operational activities and development works identified;


(3)        note that further requests for loans and/or expenditures may be submitted during the course of the financial year, should viable projects to progress ahead of the schedule in the Business Plan 2020/2021, or new opportunities which require funding in excess of the loans approved by the Council to date; and


(4)        note that some of the schemes currently being considered for feasibility review/further investigation may prove unviable and agree that these could be replaced/substituted with other schemes should the Board of Exeter City Living believe they are appropriate for expenditures/investment in the feasibility and pre-planning stage.



Report author: Emma Osmundsen

Publication date: 08/07/2020

Date of decision: 07/07/2020

Decided at meeting: 07/07/2020 - Executive

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