Issue - meetings

Report of the Cabinet Member Finance

The Cabinet Member Finance introduced the report. The report explained that following a decision at Cabinet in October 2012, Cheltenham Borough Homes were mandated to progress development proposals for the St Paul’s Phase 2 site in Crabtree Place. This included assembly of the full site by decanting tenants and securing the freehold of privately owned properties. The report sought approval for a further £150,000 to complete the acquisitions and associated works to enable a better development to be provided. He was very pleased to be able to commend the report to Council.

Upon a vote the recommendations were agreed (there was 1 abstention from a member who had arrived late)

Resolved that the increase of £150,000 in the budget for site assembly costs for the St Paul’s Phase 2 development be approved.