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Watershed Phase 1 Redevelopment

01/09/2020 - Watershed Phase 1 Redevelopment

Cabinet:

  1. 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;
  2. Authorised the Executive Director Growth and Regeneration to enter into a grant agreement with WECA;
  3. 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.