Report of the Interim Head of Property and Regeneration

Appendix, exempt under Schedule 12A, Paragraph 3

RESOLVED –

1.         That Cabinet approves the Business Plan for 2021/2022 as produces by LSHIM and attached to the report at Appendix 1.

2.         That Cabinet approves the delegations to the Head of Regeneration and Property as outlined in Appendix 1 and detailed in the report.

Cabinet received a report of the Interim Head of Regeneration and Property including an initial Business Plan for the 2021/2022 financial year.

The Mayor invited Councillor Johnson to introduce the report.  Councillor Johnson, Portfolio Holder for Property and Housing, noted that the Croxley Business Park had been a regular feature at Cabinet over the last few months.  The business plan was looking towards next year and beyond.  The plan would be renewed annually.  He highlighted some of its key points. 

The Interim Head of Regeneration and Property further explained the plan and information about the Park since the council had acquired it.  The report also asked Cabinet to approve the recommended delegations to enable matters to be agreed within the parameters set out in the report.

Councillor Sharpe, Portfolio Holder for Regeneration and Development, said the work was very impressive.  It had been a big decision for the council to make the large investment.  The plan helped to ensure the Park would be able to adapt and evolve enabling it to remain a desirable location. 

Councillor Bell agreed that the whole council had made an important decision investing in the business park.  He hoped that scrutiny would have the opportunity to monitor the scheme and financial aspects over the coming years.

RESOLVED –

1.         That Cabinet approves the Business Plan for 2021/2022 as produces by LSHIM and attached to the report at Appendix 1.

2.         That Cabinet approves the delegations to the Head of Regeneration and Property as outlined in Appendix 1 and detailed in the report.