Decision Maker: Executive Member for Economy and Regeneration
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
1. That submission of the full business case for Stretford Town Centre to MHCLG by 5 June 2020 be approved.
2. That authority be delegated to the Corporate Director of Place to make any amendments to the full business case prior to final submission as necessary.
3. That it be agreed to classify this decision as urgent and exempt from call-in to enable the Council to meet the MHCLG submission deadline.
Without securing the necessary funds from the Future High Streets Fund to implement the interventions required to unlock the regeneration of Stretford Town Centre, the Council will be unable to start implementing the sustainable reshaping of the Town Centre necessary to adapt it to the requirements for current and future communities. The Executive Member is asked to approve the submission of the FHSF full business case for Stretford Town Centre to MHCLG by the 5 June 2020 deadline.
Not to submit a full business case to the FHSF. However this would not provide the additional capital investment required to unlock the full potential of Stretford and accelerate the regeneration of the town centre area. Or determine a final preferred option at this stage for the FHSF submission; however this would not give the flexibility required to continue consultation with the local community once existing restrictions relating to the COVID-19 outbreak are relaxed. The Council could choose to submit a different emerging option; however the emerging option presented has been prepared to reflect the consultation feedback received to date.
Urgent item?: Yes
Publication date: 22/10/2020
Date of decision: 02/06/2020