Issue - decisions

The Cabinet has considered an update on proposals to develop an Innovation Centre in Stockport town centre and has agreed to:-

(1) Note the report.

(2) That, if the ERDF funding application is approved, then delegate authority to the Deputy Chief Executive (Place) and the Deputy Chief Executive (Corporate & Support Services), in consultation with the Cabinet Member for Resources, Commissioning & Governance, to source the necessary capital cash match funding of £0.948m for the Merseyway Innovation Centre.

(3) Delegate authority to the Deputy Chief Executive (Place) and the Deputy Chief Executive (Corporate & Support Services), in consultation with the Cabinet Member for Economy & Regeneration, to:

a)    Take all necessary steps to implement the project strategy in this report, reporting back as necessary and appropriate to the Cabinet;

b)    Enter into contracts, procurement and funding agreements, as required, to deliver the Merseyway Innovation Centre; 

c)    Receive and administer European Regional Development Fund (ERDF) monies in respect of Merseyway Innovation Centre.