Decision details

Purpose of Report: to recommend EIF spend for resources required to enable fast-tracking of key development sites in line with our Get York Building ambitions, and to set out how this spend ties into the next milestones for setting out the plans for infrastructure investment in the Autumn.

Members are asked to: approve EIF spend of £1m for the resource required; Note further milestones/next steps in the development of this agenda.

This item now includes the Get York Building – Investment Plan for Growth item which was originally listed separately on the Forward Plan.

RESOLVED:       That Cabinet agrees to:

i)             Allocate £1m from the Economic Infrastructure Fund to provide the identified “development team” resources as set out in the report, for the specific use of stimulating development delivery.

ii)            Approval of the detail of this spend of funding being delegated to the Director of CBSS and Director of CES, in consultation with the Leader.

REASON:              To enable the required resources to be put in place to allow progression on a range of major economic regeneration projects