Agenda item

Guildford Economic Regeneration Programme Master Plan Strategy

Decision:

Decision:

 

(1)   To endorse the Stage 1 report and approve proceeding to Stage 2.

 

(2)   To transfer a capital sum of £1.1 million from provisional to the approved capital programme to enable the Council to fund fees and surveys and deliver stage 2 of the programme.

 

Reasons:

 

·       This programme has major benefits for Guildford’s community and businesses by delivering a pro-active strategy to address the economic and physical constraints facing the town, including the retail downturn and the impact of the COVID19 situation.

 

·       To support resolution C029 of the Council made 23 July 2019 (Notice of Motion: Town Centre Masterplanning).

 

Other options considered and rejected by the Leader:

To not endorse the programme and cease work thereby delaying the delivery of a strategy for the Economic Regeneration of Guildford town centre.

 

Details of any conflict of interest declared by the Leader and any dispensation granted:

None

 

Supporting documents: