SERVICE PROFILE - BURSOM INDUSTRIAL PARK
Councillor Patel submits a report.
Minutes:
The Cabinet received a presentation on the issues surrounding this development site which was allocated in the Local Plan for employment use.
It was noted that a major obstacle to the development of the site was the need for additional electricity supply as this sector of the City was exhausting the existing supply. It was noted that as a result of the deregulation of the power industry, East Midlands Electricity Board was no longer prepared to provide an electricity sub-station when there was no guarantee that consumers would buy electricity from them. It was noted that the Council was not in a position to fund this expenditure but the future development of the area was dependent upon it. It was noted that the financing arrangements were a national issue and representations were being made to the Department of Trade and Industry and the East Midlands Development Agency.
Officers were asked to convene meetings as a matter of urgency including the City Council, East Midlands Electricity Board and Powergen, East Midlands Development Agency and Department of Trade and Industry, to discuss the issue.