Issue - decisions

The Cabinet Members agree that:

1)  Having considered the report and the positive community benefits, as well as the objections received in response to the notices published under section 123 (2A) LGA 1972, authorises the disposal of the site known as land at Waterloo Road.

2)  That full approval is given to the gross budget of £1,770,000 required to deliver the council part of the project, subject to the NHS funding being confirmed in a commitment letter.

3)  That capital receipts from the sales of the site at Waterloo Road, the current Radstock Library and Children centre and the proceeds from the sale of 117 Newbridge Hill, together with CIL funding will be ring-fenced towards this project, as set out in the report

4)  Note, that the NHS funding relates to the non-Council health related uses, forms the majority of the funding package, and is expected to be confirmed before the end of July 2018. The NHS has confirmed that approval was awarded in principal in July but that a business case is to be submitted by Hope House and final confirmation of funding is expected in Autumn 2018.