Agenda item

To consider a report of the Deputy Chief Executive (S151) providing Cabinet with a business case for a development scheme at Bampton included in the company’s recent Business Plan.

The Cabinet had before it a * report of the Deputy Chief Executive (S151) and from 3 Rivers Developments Limited providing Cabinet with a business case for a development scheme at Bampton which was included in the company’s recent Business Plan.

The Leader explained that the business case had been considered by the Scrutiny Committee at its meeting on 1 March 2021 and that a set of questions had been provided for consideration prior to determining the business case.

The Leader MOVED that: under Section 100A(4) of the Local Government Act 1972 the public be excluded from the next item of business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 respectively of Part 1 of Schedule 12A of the Act, namely information relating to the financial or business affairs of any particular person (including the authority holding that information).

Upon a vote being taken this was APPROVED.

Following discussion the meeting returned to open session:

It was RESOLVED that the 3 Rivers Developments Limited business case for the site adjacent to Elizabeth Penton Way, Bampton, be approved.

(Proposed by Cllr B A Moore and seconded by Cllr R B Evans)

Reason for Decision - It had been agreed at Cabinet in July 2020 that any development with an estimated build cost in excess of £1m must be brought to Cabinet for consideration. This consideration would include a detailed business case report from the company.

Note: *Report previously circulated.