Issue - meetings

Levelling Up Fund – Catterick Garrison Town Centre Regeneration Project – Completion of Heads of Terms

Meeting: 12/12/2023 - Executive (Item 359)

359 Catterick Garrison Town Centre Regeneration Project – Levelling Up Fund Project pdf icon PDF 318 KB

 

Recommendations:

 

It is recommended that the Executive:

i)               provides authority to enter into a Collaboration Agreement and Lease with the Defence Infrastructure Organisation to facilitate the delivery of the LUF Catterick Garrison Towns Centre Regeneration project on terms principally contained within this report; and

 

ii)              notes that as part of the Collaboration Agreement, the Council will take

responsibility for delivering any section 106 obligations associated with its

planning application in respect of the LUF project; and

 

iii)             delegates authority to the Corporate Director of Community Development in discussion with the Executive Member for Open to Business and Corporate Director of Resources to agree the final terms of a Collaboration Agreement and Lease with the Defence Infrastructure Organisation; and

 

iv)            notes that this delegation will include the final determination of the DIO’s match funding contributions by way of capital costs and land value as well as securing sufficient on-going maintenance costs for the completed LUF project from the DIO’s subsequent commercial and residential developments and comprised in Phase 2.

Minutes:

Considered – A report of the Corporate Director for Community Development seeking authority to enter into a Collaboration Agreement and Lease with the Defence Infrastructure Organisation on the terms principally contained within the report; and delegate agreement of the final terms of the collaboration agreement and lease, including the final determination of the Defence Infrastructure Organisation’s match funding contributions by way of capital costs and land value as well as securing sufficient on-going maintenance costs for the completed Levelling Up Fund (LUF) project from the Defence Infrastructure Organisation’s subsequent commercial and residential developments

 

Councillor Derek Bastiman introduced the report, confirming  He drew attention to the previous acceptance of the capital grant funding in May 2023, the meetings and discussions that had taken place to date, the terms of the Collaboration Agreement and Lease, and the ongoing procurement process to seek an operator for the Community and Enterprise facility, all as detailed in the report.

 

As a local Councillor, Councillor Carl Les welcomed the project and as there were no arising questions, it was

 

Resolved – That:

i.     A Collaboration Agreement and Lease be entered into with the Defence Infrastructure Organisation to facilitate the delivery of the LUF Catterick Garrison Towns Centre Regeneration project on the terms principally contained within the report; and

ii.    The Council would take responsibility for delivering any section 106 obligations associated with its planning application in respect of the LUF project; and

iii.    Authority be delegated to the Corporate Director of Community Development in discussion with the Executive Member for Open to Business and Corporate Director of Resources to agree the final terms of a Collaboration Agreement and Lease with the Defence Infrastructure Organisation; and

iv.   The delegation would include the final determination of the DIO’s match funding contributions by way of capital costs and land value as well as securing sufficient on-going maintenance costs for the completed LUF project from the DIO’s subsequent commercial and residential developments and comprised in Phase 2.