Issue - meetings

Future of Charter Walk

 

 

Meeting: 14/07/2021 - Executive (Item 28)

Charter Walk

To consider a report on Charter Walk.

Additional documents:

Minutes:

PURPOSE

The purpose of this report is to seek approval to acquire the property edged red on the attached plan (appendix1 ) via a competitive tender process.

 

REASON FOR DECISION

The Charter Walk Shopping Centre is an important asset in Burnley Town Centre that contributes significantly to the vitality and viability of the town and to the wider economic and social wellbeing of the borough.  The ownership of this asset will enable the Council to actively manage and regenerate the shopping to the benefit of the borough in line with the Council`s wider aspirations for the town centre.

 

DECISION

 

1.    That approval be given to the proposal and financial business case set out in this

report;

 

2.    That delegated authority be given to the Strategic Head of Economy and Growth in consultation with the Executive Member of Resources and Performance to submit

 a bid within the financial parameters set out in this report;

 

3.    That Full Council be recommended  to approve the borrowing and approve the

revision of the capital programme as set out in this report;

 

4.    That delegated authority be given to the Strategic Head of Economy and Growth in consultation with the Head of Finance and Property and COO to negotiate final terms; and

 

5.    That delegated authority be given to the Head of Legal and Democratic Services to complete all legal documents necessary to give effect to this decision.

 

 

Meeting: 12/07/2021 - Scrutiny Committee (Item 27)

Charter Walk

To consider a report on Charter Walk.

Additional documents:

  • Restricted enclosure 9
  • Restricted enclosure 10
  • Restricted enclosure 11
  • Restricted enclosure 12
  • Restricted enclosure 13

Minutes:

Members considered a report on the future of Charter Walk.  In doing so they considered:

 

·         Options including `do nothing`

·         Retail trends

·         Opportunities, benefits and risks

·         Future strategies

·         Supporting the Council`s other investments

 

DECISION

 

To support the report as written for approval by the Executive and Full Council.