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Devonshire Park Quarter redevelopment approvals and grant agreements

Meeting: 11/07/2017 - Lead Member for Strategic Management and Economic Development (Item 6)

6 Funding agreement with Eastbourne Borough Council - Devonshire Park Quarter redevelopment pdf icon PDF 287 KB

Report by the Director of Communities, Economy and Transport

 

Minutes:

6.1       The Lead Member considered a report by the Director of Communities, Economy and Transport.

 

DECISIONS

 

6.2       RESOLVED to (1) approve grant funding, to the value of £5m to Eastbourne Borough Council to fund the delivery of the Devonshire Park Quarter redevelopment; and

 

(2) delegate authority to the Director of Communities, Economy and Transport to approve the terms of any agreements and to take all other necessary actions in respect of resolution 1 above.

 

Reasons

 

6.3       Devonshire Park Quarter in Eastbourne is a cultural and sporting town centre destination, in a key position linking the rail station and the sea front.  It already enjoys success from an internationally recognised Tennis Centre, three theatres and a contemporary art gallery.  The redevelopment of the area is critical to Eastbourne’s ambitions for their visitor economy and conference offering and is in line with the East Sussex Growth Strategy and East Sussex Cultural Strategy.