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Agreed |
That Executive recommend to Council:-
(1) to obtain a loan of £5 million from the Public Works Loan Board and provide Exeter City Living with a loan of £5 million to fund the matters identified in the Exeter City Living Business Plan 2019/2020;
(2) to approve Exeter City Living proceeding with the activities as outlined and detailed in the Exeter City Living Business Plan 2019/2020. This includes the operational activities and development works identified;
(3) to note an Addendum Business Plan is likely to be issued during 2019/2020, which would consider the opportunities at other City Council sites which may become available following agreement of corporate priorities and public consultation.
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Reason for Decision:
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As set out in the report. |