Issue - meetings

Support for Solent Freeport proposals

Meeting: 15/11/2021 - Cabinet (Item 37)

37 UPDATE ON THE CURRENT SOLENT FREEPORT PROPOSALS AND SUPPORT FOR THE SUBMISSION OF THE OUTLINE BUSINESS CASE (OBC) pdf icon PDF 470 KB

To consider the report of the Cabinet Member for Growth detailing the associated structures and approvals required in support of the Solent Freeport.

 

This report is submitted for consideration as a general exception under paragraph 15 of the Access to Information procedure Rules in Part 4 of the Council’s Constitution, notice having been given to the Chair of Overview and Scrutiny Management Committee and the public.

 

This report is submitted for consideration as a General Exception under paragraph 15 of the Access to Information procedure Rules in Part 4 of the City Council’s Constitution, notice having been given to the Chair of the relevant Scrutiny Panel and the Public.  The matter requires a decision with the urgency linked to the impending submission of the updated Solent Freeport OBC and given Government’s approval process.  For these reasons the decision cannot be deferred for inclusion in the next Forward Plan for decision following 28 clear days’ notice.

 

Additional documents:

Minutes:

DECISION MADE: (CAB 21/22 32741)

 

On consideration of the report of the Cabinet Member for Growth, Cabinet agreed the following:

 

 

Having complied with paragraph 15 of the Council’s Access to Information Procedure Rules:

 

(i)  Cabinet supports the strategic submission of the next outline business case (OBC) as a Board Member of Solent Freeport Consortium Limited, on or before the 26 November 2021, as part of National Freeport Programme Application process and to agree an appropriate Site Specific Agreement for the Redbridge (Tax) site.

(ii)  Cabinet raises any issues outlined in this paper over the current Solent Freeport proposals, to then be shared with the Solent Freeport Consortium Limited (SFCL).