That Cabinet supports the development of proposals for the Government’s Advanced Town Deal Funding for both Newcastle and Kidsgrove and that the Executive Director Commercial Development and Economic Growth in consultation with the Section 151 Office and the Portfolio Holder for Corporate and Service Improvement, People and Partnerships is authorised to:
(i) Continue to work with both of the Town Deal Boards to develop the proposals for Newcastle and Kidsgrove Advanced Town Deal Funding and to make any minor alterations to funding allocations.
(ii) Negotiate the terms and any contracts for accelerated funding payments to external delivery partners where they will be the lead partner in delivery.
(iii) Negotiate on any property matters including purchase, lease or sale relating to the accelerated funding projects.
(iv) Assess the procurement options linked to the delivery of each of the accelerated funded projects, and should this be required that they have the authority to finalise the specification, undertake the tendering process, if required to complete any post tender negotiations and award the contract.