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Watershed Phase 1 Redevelopment
Meeting: 01/09/2020 - Cabinet (Item 22.)
22. Watershed Phase 1 Redevelopment PDF 193 KB
Additional documents:
- Appendix A Watershed Cabinet Paper, item 22. PDF 85 KB
- Background Paper - 1 WECA FBC Watershed Development v3.0 with redactions, item 22. PDF 690 KB
Decision:
Cabinet:
- Approved BCC acting as the Grant recipient and underwriting the repayment of £500,000 of RIF Funding from WECA on behalf of Watershed Arts Trust Limited for the Phase 1 Watershed Capital Development;
- Authorised the Executive Director Growth and Regeneration to enter into a grant agreement with WECA;
- Authorised the Executive Director Growth and Regeneration to enter into a grant agreement to transfer the grant to Watershed Arts Limited on confirmation that the necessary arrangements are in place to deliver the Project.