Agenda item

Sheffield Retail Quarter

It was moved by Councillor Ian Auckland, seconded by Councillor Penny Baker, that this Council:-

(a)       welcomes that progress is being made and that three potential developers for the Sheffield Retail Quarter have been announced;

(b)       welcomes that a planning application has been made;

(c)        fully supports the concept of enhancing the city centre and retail offer for Sheffield;

(d)       notes that the Council has had high level professional advice to get to this stage, which has resulted in substantial costs for the Council; and

(e)       therefore would expect that we have now reached a stage where the scheme is close to being finalised and would expect no more delays or major alterations to the scheme which would incur further costs.

Whereupon, it was moved by Councillor Leigh Bramall, seconded by Councillor Chris Rosling-Josephs, as an amendment, that the Motion now submitted be amended by:-

1.          the replacement in paragraph (d) of the word “Council” by the word “Project” in both uses in that paragraph;

2.          the addition of the following words at the end of paragraph (d) “, as would be appropriate in any project of this nature and believes it would be improper not to do so and could lead to significant risks to the whole project”; and

3.          the deletion of paragraph (e) and the addition of a new paragraph (e) as follows:-

(e)        confirms that all costs being incurred are being treated as development costs and therefore the plan is that these will be recovered by the Council when the development value in the scheme is realised, and that the scheme will only be finalised once the development partner is taken on board and major tenants signed up, for obvious reasons.”

On being put to the vote, the amendment was carried.

The original Motion, as amended was then put as a Substantive Motion in the following form and carried:-