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Temple Quarter Update

09/03/2021 - Temple Quarter Development Update

Cabinet

  1. Authorised the Executive Director for Growth and Regeneration, in consultation with the Mayor and the Working Group, to finalise and implement proposals for detailed engagement and consultation for the Temple Quarter Development Framework as set out in the report.
  2. Authorised the Executive Director of Growth and Regeneration, in consultation with the Mayor, Deputy Mayor, Finance Governance and Performance, the S.151 Officer, and Director of Legal Services to seek reallocation of £560k of WECA Early Investment Fund through WECA’s change control process and to bid for and use £500k of Housing and Regeneration Enabling Fund grant funding and to defray those monies on staffing costs in accordance with the WECA approvals.
  3. Authorised the Executive Director for Growth and Regeneration, in consultation with the Mayor, Deputy Mayor, Finance Governance and Performance, the S.151 Officer, and Director of Legal Services, to agree the final schedule of enabling works to support the opening up and servicing of the Temple Island site, to secure the variation of any WECA approvals necessary, and to defray this funding in accordance with the terms of the funding decision and in line with all appropriate procurement routes.
  4. Authorised the Executive Director of Growth and Regeneration, in consultation with the Deputy Mayor, Finance Governance and Performance, the S.151 Officer, and Director of Legal Services to agree the detailed terms on which any monies allocated to the Temple Quarter project by central government are received by the four parties to the bid (BCC, WECA, Homes England and Network Rail), to agree the detailed terms of the Inter Authority Agreement between the partners to defray such monies, and to receive and defray any portion of those monies subsequently allocated to the Council under separate project Funding Agreements.
  5. Noted that further reports will be received setting out progress with the actions set out in the report and the Development generally.