Issue - meetings

Councillor Wann submits a report that seeks Cabinet approval for conversion of Council owned buildings at 82-86 Rutland Street to workspaces for the creative industries sector.  Cabinet is asked to agree the recommendations in Paragraph 2.1 of the report.

A minute extract from the meeting of the Overview and Scrutiny Management Board on 7 December 2010 will be circulated as soon as it is available.

Councillor Osman submitted a report that sought Cabinet approval for conversion of Council owned buildings at 82-86 Rutland Street to workspaces for the creative industries sector.

Councillor Osman noted the support of the Overview & Scrutiny Management Board and agreed with their request to receive updates on the portfolio of managed workspace.

RESOLVED:

That Cabinet notes the report and approves the conversion of 82 – 86 Rutland Street to workspaces for the creative industries sector, and:

1)     authorises the Strategic Director Development, Culture and Regeneration to agree and sign off the funding agreement with emda for ERDF capital support;

2)     approves capital expenditure on the project in line with the funding profile included in the report (para 5.1.3 of the report);

3)     approves the use of £426k Working Neighbourhoods Fund funds to support the project.