Issue details

Investment Proposition

In September the Council adopted a new Economic Plan, Transport Plan and Housing Plan. These documents set out the thematic strategic priorities in relation to these interlinked areas and in line with the overall strategic objectives identified in the One Stockport Borough Plan.

Alongside the preparation of these plans, work has been undertaken to review the resulting investment priorities to ensure that the Council’s approach to capital investment is fully cognisant of the issues and opportunities raised in the plans.

This has been complemented by a review of the Council’s track record in delivering placemaking and regeneration, and a review of best practice being undertaken by local authorities across the country.

The Investment Proposition seeks to articulate how the Council will deliver the priorities identified in the Economic, Transport and Housing plans, and identify the overall priorities for investment going forward.

It is intended that the Investment Proposition be used to inform the Council’s Capital Strategy, due for consideration in early 2023, and then form the basis of the Council’s approach to bidding for capital funding opportunities.

Members are recommended to review and comment on the draft Investment Proposition.

Decision type: Key

Reason Key: Affects 2 or more wards;

Decision status: Abandoned

Wards affected: (All Wards);

Notice of proposed decision first published: 30/12/2022

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
Contains financial proprietary financial information the disclosure of which would compromise the council's ability to negotiate for goods and services in the future.

Decision due: 31 Jan 2023 by Cabinet

Lead member: Cabinet Member for Economy & Regeneration

Department: Place and Regeneration

Contact: Paul Richards, Director of Development and Regeneration Email: paul.richards@stockport.gov.uk Tel: 0161-474-2940.

Consultation process

Engagement with key stakeholders has been undertaken as part of the development of the key plans and strategies on which this document is based

Forward Plan Reference: E&R91

Equality and/or Environmental Impact Assessment: Reported as part of the committee report

Relevant Scrutiny Committee for the purpose of call-in: Economy & Regeneration