Agenda and minutes

Executive Board
Tuesday, 21st November, 2017 2.00 pm

Venue: Ground Floor Committee Room - Loxley House, Station Street, Nottingham, NG2 3NG

Contact: Noel McMenamin, Constitutional Services, Tel: 0115 8763288  Email: noel.mcmenamin@nottinghamcity.gov.uk

Items
No. Item

51.

Apologies for absence

Minutes:

Councillor Jon Collins (Chair) – Other Council business

Councillor Dave Liversidge – Other Council business

Councillor Sally Longford – unwell

Councillor Nick McDonald – work commitments

 

In the absence of Councillor Collins, the Chair was taken by the Vice-Chair, Councillor Graham Chapman.

52.

Declarations of interests

Minutes:

None.

53.

Minutes pdf icon PDF 241 KB

Last meeting held on 24 October 2017 (for confirmation)

Minutes:

The minutes of the meeting held on 24 October 2017 were agreed as a true record and they were signed by the Chair presiding at the meeting.

54.

Nottingham Science Park - No.2 Building - Key Decision pdf icon PDF 255 KB

Report of Leader/Portfolio Holder for Strategic Infrastructure and Communications

Additional documents:

Minutes:

The Deputy Leader/Portfolio Holder for Resources and Neighbourhood regeneration introduced the report on behalf of the Leader/ Portfolio Holder for Strategic Infrastructure and Communications, seeking approval for No.2 Building, Nottingham Science Park.

 

RESOLVED to delegate authority to:

 

(1)  the Deputy Chief Executive/Corporate Director for Development and Growth to accept the Building Foundations for Growth grant funding and subject to legal advice, enter into a funding agreement;

 

(2)  the Deputy Chief Executive/Corporate Director for Development and Growth, in consultation with the Leader/Portfolio Holder for Strategic Infrastructure and Communications, to approve the final business case for No.2 building;

 

(3)  the Deputy Chief Executive/Corporate Director for Development and Growth, in consultation with the Leader/Portfolio Holder for Strategic Infrastructure and Communications, to enter into contracts for the works contracts and with the Council’s professional advisers and to commit to any other expenditure required during the preconstruction and construction phases subject to the costs being contained within the parameters of the financial model, and grant being confirmed by the D2N2 Local Enterprise Partnership;

 

(4)  the Director of Strategic Assets and Property to market No.2 building, appoint a management team to manage the building and conference facility and procure a conference/café operator.

 

Reasons for Decisions

 

The development of a new building at Nottingham Science Park is unviable without grant funding. Grant funding is available for this project via the D2N2 Local Enterprise Partnership.

 

Building No.2 will be submitted for planning permission following Executive Board approval. The final business case will not be available until the completion of the negotiations with the build contractor and the final tender price has been agreed.

 

The Council will enter into a build contract, the terms of which need to be negotiated through the SCAPE framework and continue to contract with Perfect Circle, via SCAPE to provide services for the preconstruction and construction stages.

 

The project needs to be funded through Council resources with any viability gaps being met by the grant.

 

The full scheme is not currently in the capital programme, although there is a small scheme in the capital programme which can be amended.

 

There is deficit in the first 3 years following completion of construction. The funding of this deficit needs to be found from internal Council resources.

 

The early marketing and appointment of a conference/café operator will ensure that the internal design of the building meets users’ needs.

Other options considered

 

Do nothing – the site has been left undeveloped for over 12 years. The site is identified as having strategic importance in supporting the research and develop in the science sector and is part of the D2N2 Enterprise Zone.

 

Private sector delivery - The private sector by itself will not deliver multi-let workspace as it would not be commercially attractive.  A traditional development appraisal demonstrates that the rental levels that could be achieved coupled with the investment market’s perception of risk (reflected in a high yield) does not result in a viable commercial development. However, it can be demonstrated that there is demand for this space  ...  view the full minutes text for item 54.

55.

Exclusion of the public

To consider excluding the public from the meeting during consideration of the remaining item(s) in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs in the public interest in disclosing the information

Minutes:

RESOLVED to exclude the public form the meeting during consideration of the remaining items in accordance with Section 100A(4) of the Local Government Act 1972 on the basis that, having regard to all the circumstances, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

56.

Nottingham Science Park - No.2 Building - Exempt appendices

Minutes:

RESOLVED to note the information in the exempt appendices of the report of the Leader/Portfolio Holder for Strategic Infrastructure and Communications.

 

Reasons for Decision

 

As detailed in minute 54.

 

Other options considered

 

As detailed in minute 54.

57.

Metro Strategy - Creating More Efficient Public Services - Key Decision

Report of Portfolio Holder for Energy and Sustainability

Minutes:

The Board considered the Portfolio Holder for Energy and Sustainability’s exempt report.

 

RESOLVED to approve the recommendations in the report.

 

Reasons for Decisions

 

As detailed in the report.

 

Other options considered

 

As detailed in the report.

58.

Solar Photovoltaic Project Delivery Contract - Key Decision

Report of Portfolio Holder for Energy and Sustainability

Minutes:

The Board considered the Portfolio Holder for Energy and Sustainability’s exempt report.

 

RESOLVED to approve the recommendations in the report.

 

Reasons for Decisions

 

As detailed in the report.

 

Other options considered

 

As detailed in the report.