Cllr Nigel Moor, Cabinet Member: Fire, Planning and Infrastructure, sought approval to underwrite the risk of the County Council not receiving all of the committed Growth Deal funding scheduled for 2018/19, thereby allowing the land acquisition to be brought forward from 2018/19 to 2017/18. Cabinet to also consider the making of orders required to proceed with the scheme.
Having considered all of the information, including known proposals and the reasons for the recommendations, Cabinet noted the report and,
RESOLVED to:
(1) Make provision to allow the County Council to underwrite the risk of the County Council not receiving all of the committed Growth Deal funding scheduled for 2018/19;
(2) Commence land acquisition via Compulsory Purchase Order (CPO) in addition to negotiated settlement route allowing the land acquisition to commence in financial year 2017/18; and
(3) Make any other ancillary orders that might be required to successfully implement the scheme.