Decision details

Cllr John Reynolds presented the report which sought approval to the acquisition by the Council of a site for commercial development at Bankfield Road, part of the Bilston Urban Village.  Ownership of this land would safeguard the potential use of the site as a joint health and social care facility and/or other uses compatible with the Council’s aims and objectives for the Urban Village, including the provision of car parking to support the operation of the Bert Williams Leisure Centre.

Resolved:

1.     That the principle of the acquisition of land at Bankfield Road forming part of the Bilston Urban Village commercial development plot from the Homes and Communities Agency be approved subject to the capital budget being approved by Council as part of the Capital Budget Outturn 2016/17 including Quarter One Capital Budget Monitoring 2017/18 and Financial Strategy report.

2.     That authority be delegated to the Cabinet Members for City Economy and Resources in consultation with the Service Director City Economy to approve the heads of terms.

3.     That it be noted that the Capital Budget Outturn 2016/17 including Quarter One Capital Budget Monitoring 2017/18 and Financial Strategy report to Cabinet on 7 June 2017 would include a recommendation to Council to increase the Bilston Urban Village capital programme by an appropriate amount to provide for the acquisition of this site.