1. That the Council commits to the Growth Point initiative, but reserves the right to withdraw if insufficient funds are available to help accelerate the development of the LDF Core Strategy.
2. That the Council commits to the Growth Point initiative, subject to a satisfactory negotiation on the memorandum of understanding, including confirmation that:
· sufficient revenue funds will be available to help accelerate the development of the LDF Core Strategy;
· any housing development in Chorley will not exceed the amount set out in the regional Spatial Strategy (approximately 417 per annum);
· the Green Belt will be safeguarded;
· sufficient capital funds will be available to assist the funding of the programme of development as set out in the submitted report.
Decision type: Key
Reason Key: A contract worth £100,000 or more;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Decision due: 12 Feb 2009 by Executive Cabinet
Lead member: Peter Malpas
Lead director: Corporate Director (Business)
Department: Business
Contact: Jane Meek, Corporate Director (Business) Monday, 2 February 2009 Email: jane.meek@chorley.gov.uk Tel: 01257 515285.
Consultation process
Report to be provided to the
consultees
Consultees
Strategy Group
Will the public be excluded?: Executive Member (Business)