Decision details

Following the decision to establish a new Council-owned company, ‘Be First’, to manage the delivery of the Council’s regeneration plans for the Borough, the Cabinet will be asked to approve any relevant proposals relating to the updated business case and plans for the launch of the new company and service from 1 October 2017.

The Cabinet resolved to:

(i)  Note progress on the arrangements for Be First to become operational with effect from 1 October 2017; and

(ii)  Agree, in principle, to the proposal for Be First to act as developer in its own right in order to achieve the long-term contribution to the Council’s Medium Term Financial Strategy, the detail of which will be incorporated in Be First’s first Business Plan to be submitted to Cabinet for approval before the end of this financial year.