Issue details

The Cabinet Member with the Economy and Regeneration Portfolio introduced the report of the Director of Economic Growth updating Members on Ingenium Parc and requesting that consideration be given to the granting of delegated authority for the completion of the associated Funding Agreement; releasing the capital funding to allow the first phase of infrastructure works to commence; and land and property matters arising in order to deliver the Masterplan. The submitted report stated Ingenium Parc was a 40-hectare greenfield development site adjacent to a number of established advanced manufacturing and engineering businesses; the site had been earmarked as a strategic employment site; and that to open up the Phase One land, infrastructure works were required.