Issue - meetings

Report of the Leader – TO FOLLOW

The Leader of the Council introduced the report which had been circulated to Members as a late supplement to the published agenda.

For the benefit of Members who had joined more recently, she provided the background to the Minster project. Members then had the opportunity to ask questions and then debate the report.

RESOLVED THAT

1. the original business case was predicated on shipping container-based construction with a lifespan of 10 years.
2. Council notes and approves the updated business plan for the MX recognising the longer lifespan of the building and extending the return on investment from 10 years to at least 25 years be approved.
3. up to £2.560m in additional funding to complete construction be approved (see financial implications and section 5 of the report for detail).
4. authority be delegated to the Chief Executive and the Executive Director Finance, Assets and Regeneration in consultation with the Leader, to negotiate an updated governance and joint venture for the operation of the MX building with Plexal and WSC Group to replace the previous arrangement with WSC Cheltenham.
5. recommended governance for the project be presented by officers to Council for approval in February 2023.

Voting- 29 in favour; 0 against; 3 abstentions