Issue - meetings
IDF: Approval of S106 Funding to Design and Fit out of Training Centre - at the former London Fruit and Wool Exchange (LFWE)
Meeting: 19/09/2017 - Cabinet (Item 5)
Additional documents:
- 5.10a Appendix A - Design & Fit-Out of Training Centre PID, item 5
PDF 213 KB
- 5.10b Appendix B - LFWE Site Plan, item 5
PDF 395 KB
- Webcast for IDF: Approval of S106 Funding to Design and Fit out of Training Centre - at the former London Fruit and Wool Exchange (LFWE)
Decision:
DECISION
1. To approve the allocation of £500,000 of S106 funding for the design and fit-Out of a training centre at the former LFWE as profiled in the PID attached at Appendix A to the report, and in Table 1 of the report.
2. To approve the adoption of a capital estimate of £500,000 as profiled in the PID attached at Appendix A to the report, and in Table 2 of the report.
Action by:
ACTING CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)
(Divisional Director, Planning and Building Control (O. Whalley)
(Economic Benefits Manager, Growth and Economic Development (J. Ogunade)
Minutes:
Councillor Joshua Peck, Cabinet Member for Work and Economic Development introduced the report. He highlighted that this funding would enable training to be offered to 1,500 local residents and would result in many of them obtaining jobs in businesses in the Borough.
The Mayor welcomed the report and agreed the recommendations as set out.
RESOLVED
1. To approve the allocation of £500,000 of S106 funding for the design and fit-Out of a training centre at the former LFWE as profiled in the PID attached at Appendix A to the report, and in Table 1 of the report.
2. To approve the adoption of a capital estimate of £500,000 as profiled in the PID attached at Appendix A to the report, and in Table 2 of the report.