Issue - meetings

The Cabinet Member for Enterprise, Development and Regeneration submitted a report which sought agreement to proceed to the next stages of City Centre regeneration and confirm funding in accordance with Financial Procedure Rules.

RESOLVED that:

1.     The financial implications as outlined within the report be approved;

2.     An overarching economic regeneration assessment to underpin any decisions to invest in the capital delivery of projects including a skills assessment to underpin delivery be approved;

3.     Officers be authorised to approach Welsh Government to request that Swansea City Centre is a designated TIF area;

4.     The necessary annual capital and revenue funding required to enable delivery of the projects be agreed;

5.     The interdependencies for other aligned schemes being developed for Castle Square and the Kingsway infrastructure be noted.