On Thursday 6 June 2019 the Leader and the Cabinet Member for Finance and Resources jointly with the Director for Inclusive Growth and Chief Finance Officer:-
1. Approved the Full Business Case (FBC) attached at Appendix A to the report to: -
a) Develop the 1,177 residential units (Phase 1) and provide services to plot 10 in readiness for vertical construction post Games.
b) Provide infrastructure that will be used to support temporary games time uses (overlay) and facilitate post Games development.
c) Refurbish Oscott Gardens.
2. With regard the works being undertaken outside of the FBC noted: -
a) That Perry Barr Railway Station, Bus Interchange and Sprint Rapid Bus transit schemes are being delivered by the West Midlands Combined Authority and will be subject to separate governance, approval and monitoring processes.
b) The highways works undertaken around Perry Barr will be subject to separate Business Case(s) presented in due course.
c) The retrofitting of the 1,177 residential units post games, in preparation for disposal, if the decision is made to progress with this option.
3. With regards to associated procurement activity:-
a) Approved the demolition and remediation strategy and commencement of procurement activities for the demolition and remediation of properties as outlined in Appendix C to the report.
b) Noted that any changes in strategy for the tender packages outlined in Appendix C that may occur during the programme will be reported in accordance with the Council's Standing Orders and Procurement Governance arrangements.
c) Delegated the award of contracts for the demolition and remediation to the Director, Inclusive Growth in conjunction with Assistant Director, Development and Commercial, the Chief Finance Officer, the City Solicitor (or their delegates).
4. Accepted grant funding of £1.5m provided by the Learning & Skills Council as a contribution towards the on-site training facility being provided.
5. Approved payment of up to £5m of Community Infrastructure Levy (CIL) as a contribution towards delivery of the Perry Barr railway station development in the form of a capital grant to Transport for West Midlands.
6. Authorised the City Solicitor to execute and complete all necessary legal documents to give effect to the above recommendations.
NOTE: CALL IN ENDS TUESDAY 11 JUNE 2019 AT 1600 HOURS