Agenda item

(a)  That the performance of SUR as set out in Section 5.4 of the report be noted;

(b)  That the performance targets for SUR for 2019/20 as set out in Section 5 of the report be agreed;

(c)  That subject to (b), to agree the Partnership Business Plan for the period to December 2024 subject to the amendment described in paragraph 5.26 of the report.

(d)  That it be noted that the SBC board representatives for SUR would be subject to review.

The Cabinet considered a report that updated on the progress of Slough Urban Renewal (SUR) and sought agreement for the Partnership Business Plan for the period to December 2024 and performance targets for the next year.

Lead Members reviewed the progress that had been made on key schemes in the past year, as set out in paragraph 5.4 of the report.  Good progress had been made on projects such as Wexham Green, the small sites housing programme and redevelopment of leisure facilities.  Updates were provided on schemes that had not progressed as planned or been subject to delay.  Key future priority schemes were noted as the hotels schemes on the Old Library Site and the former Thames Valley University (TVU) site.  Lead Members commented on the overall success of the SUR approach in both regenerating the town and generating a financial return to the Council.  Schemes totalling £500m had already be delivered or were in progress and this would be doubled if it delivered the TVU site scheme.  Revenue from SUR had helped the Council protect frontline services to residents in recent years and in future, it was planned to use such revenue to support the Council’s reserves.

At the conclusion of the discussion, the Cabinet agreed the Partnership Business Plan.

Resolved –

(a)  That the performance of SUR as set out in Section 5.4 of the report be noted;

(b)  That the performance targets for SUR for 2019/20 as set out in Section 5 of the report be agreed;

(c)  That subject to (b), to agree the Partnership Business Plan for the period to December 2024 subject to the amendment described in paragraph 5.26 of the report;

(d)  That it be noted that the SBC board representatives for SUR would be subject to review.

(Councillor Sadiq left the meeting)