Issue - meetings

Reporting Person – Ray Morgan

The Executive received a report which sought approval for the development of the Industrial Units at Kestrel Way by Rutland Woking Limited (RWL) and an Investment Programme Budget, financed by Loan, of £3.5m.  Councillor Mrs Hunwicks drew attention to the concerns of local residents and the Executive agreed to add an additional resolve in order to ensure that appropriate acoustic protection was included to nearby residential properties in consultation with residents.

Subject to Executive approval of the proposal, it was noted that negotiations would be held with the charity interested in using Unit 2 and that a report would be submitted to the Executive for consideration at its meeting on 13 December 2018.

RESOLVED

That  (i)    the development by Rutland Woking Limited of Industrial Units at Kestrel Way be approved;

          (ii)   an Investment Programme Budget of £3.5m, to be financed by a 50 years PWLB Annuity Loan, be approved; and

          (iii)  appropriate acoustic protection be included to nearby residential properties in consultation with residents.

Reason:   To provide additional industrial units in support of local business activity.