Decision Maker: Policy and Resources Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
A report which provided the Committee with an update on progress in relation to the Lorn Arc TIF, and the latest budget position as at the end of June 2017, was given consideration.
Decision
The Policy & Resources
Committee -
1.
Noted
the updates on the Lorn Arc programme provided in the paper and the attached
Appendices A through to I of the submitted report.
2.
Noted
the detail provided in para 4.4 of the submitted report and endorsed officers
continuing to explore alternative funding models that would unlock the economic
potential of Oban.
3.
Agreed
that the remaining available drawdown of £90k could be used as a contingency
fund for Project 1. Lorn/ Kirk Road and noted that the Lorn Arc team would
continue to manage Project 1. Lorn/ Kirk Road until the infrastructure (road
and associated utilities) element of the project was delivered, and that once
delivered, the project would be removed from the TIF programme.
4.
Noted
and endorsed that with regard to Project 3. Halfway House Roundabout, officers
were working with the private sector on potential investment opportunities, and
were presently awaiting feedback from private sector commercial agents.
5.
Agreed
to the development of a Strategic Development Framework for Project 4. Oban South
and a report coming back to members in the first quarter of 2018.
6.
Agreed
to the development of an options appraisal for Project 5. North Pier Extension,
which would be discussed with members in December.
7.
Noted
that with regard to Project 9. Oban Airport Access and Enablement, the Lorn Arc
team were working with a range of Council Services to enable the work on this
project to be completed.
(Reference: Report by Executive Director – Development and Infrastructure Services dated 11 August 2017, submitted)
Publication date: 21/08/2017
Date of decision: 17/08/2017
Decided at meeting: 17/08/2017 - Policy and Resources Committee
Accompanying Documents: