To consider the Little Canfield Business Park report.
Councillor Coote retook the Chair.
The Chair invited Councillor Reeve to present the report on Little Canfield Business Park, which outlined a request from Cabinet to allocate the sum of £7.5million from the £300m commercial fund to the commercial element of the Park. He proposed the recommendation as set-out in the report.
Councillor Hargreaves seconded the proposal.
In response to a question from Councillor Caton regarding the green credentials of the site, Councillor Reeve said the installation of solar panels on the roof had been looked into but the structural integrity of the building could not bear the weight of current solar panel technology. However, the idea of a carbon-neutral zone at the site was under consideration.
Councillor Foley said solar panel installation should be looked at all future sites relating to council investments.
Councillor Hargreaves said interest had already been shown in the rental space available on the site.
The Chair moved to a vote.
RESOLVED to endorse the allocation of £7.5milllion to the LCBP commercial element and to authorise the necessary borrowing.