Issue - meetings

                 Report by Chief Executive Officer – Place – Alistair Cunningham

Cllr Philip Whitehead, Leader of the Council and Cabinet Member for Economic Development introduced the report about progress with the delivery of the regeneration of the Maltings and set out how it is related to the delivery of the River Corridor improvements scheme detailed in the Central Area Framework recently consulted on in public.

The Leader reported that the joint scheme with the Environment Agency will help reduce the flood risk to various areas in the city and improve leisure and recreational uses as well as ecology and biodiversity enhancements. It is vital to the delivery of the Central Car Park and Maltings regeneration scheme.

Cabinet noted that the report sought approval for funding towards the scheme’s delivery in line with the Outline Business Case approved by the Local Enterprise Partnership and the council’s strategy to regenerate the Central Car Park and Maltings in Salisbury.

Resolved:

1. Agree to allocate £1.9m to the Maltings Phase 1 River Corridor Improvements from the ‘Other Capital Schemes to be confirmed’ approved budget.

2. Agree to grant to the Environment Agency up to £2 million to deliver the Maltings Phase 1 River Corridor Improvements, using Local Growth Fund grant approved by the Swindon and Wiltshire Local Enterprise Partnership.

3. Note that council officers will work collaboratively with the Environment Agency to secure additional funding required to deliver the whole scheme capital costs, the £1.9 million capital allocation serving as a backstop reserve in case this cannot be achieved from other available funding sources

4. Delegate authority to enter into contract with the Environment Agency to the Director Housing & Commercial, in consultation with the Director Highways and Environment and Director of Finance and Procurement.

Reason for Decision:

The proposals of this report will not only re-establish the ability to develop on the Maltings site by mitigating flood risk and enhancing the natural environment but will have wider benefits to the city of Salisbury, its residents, workers and visitors.