Issue details

Bath Western Riverside

The purpose of this decision is to:

1) Authorise the Wales & West Utilities gas rationalisation purchase order in line with the executed contract terms for the remaining contract value of £4,170,000, that being the full contract value of £5,560,000 less deposit monies paid of £1,390,000.

2) Authorise the progression and execution of a supporting agreement with National Grid Property Twenty-Severn Limited, a third-party landowner at the Bath Western Riverside development site, to secure a fixed funding contribution towards the gas rationalisation works and land swap obligation in order to create independent development plots for each party at 6 years from agreement entry, conditional upon completion of the gas rationalisation works.

Decision type: Non-key

Decision status: Approved

Notice of proposed decision first published: 09/11/2020

Decision due: 6 Nov 2020 by Director Finance - Section 151 Officer

Contact: John Wilkinson, Director of Economy and Growth 01225 396593 Email: Tel: 01225 396593.