A presentation will be made by David Allen, Deputy Chief Executive of Exeter University on the impact of the proposed Government cuts on the University, its plans and contribution to the local economy as an employer, institution and economic driver.
Minutes:
Councillor Prowse declared a personal interest as a student landlord.
A presentation was made by David Allen, Deputy Chief Executive of Exeter University about their development plans and the contribution made to the local economy as an employer, as an institution and economic driver. He also spoke about the impact of the spending review on the University and proposals for new graduate contributions. He referred to the University’s proven reputation and provided detailed facts and figures about the two campus sites of Streatham and St Luke’s and student numbers, which in term time made up 12.5% of the city’s population. He emphasised the University’s contribution to the local economy, which delivered £360 million of additional economic benefit in 2009/10, and was likely to rise to nearly £450 million by 2012. There had been a significant capital investment both in the academic facilities and student residences with Phase 1 having cost over £300 million, and Phase 2 should be in excess of £80 million. This was matched by careful management to ensure minimal impact on the environment, and the University’s commitment to reduce 60% of their Co2 emissions by 2050.
The University had been working in partnership with a number of organisations throughout the city and been particularly supportive of the case for Exeter and the City Council in the recent Local Enterprise Partnerships consultation. The University continues together with the City Council to be involved in the development of the Science Park, the growth of the Innovation Centre, as well as the expansion of the medical college and building on a productive relationship with the Met Office.
Members asked the following questions -
The Chair thanked David Allen for his very informative presentation.