Report attached.

Exempt Appendices A, B and C to this Report are not available for public inspection as they contain or relate to exempt information within the meaning of Paragraph 3 of Schedule 12A to the Local Government Act 1972.

This report is in the exempt part of the agenda because it refers to information relating to the financial or business affairs of any particular person (including the authority holding that information) and the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

Report Title: Rainham and Beam Park Business Plan Update 20206/27

Presented by: Councillor Graham Williamson, Cabinet Member for Development & Regeneration

Cabinet:

1.         Noted the current status of Rainham and Beam Park Regeneration LLP in the context of the delayed regeneration plans for Rainham and Beam Park.

2.         Noted and approved the management strategy for the commercial and residential sites now owned by the Council as detailed in this report and in Exempt Appendix A.

3.         Noted and approved the placemaking strategy as detailed in this report and Exempt Appendix A, so as to allow Rainham and Beam Park Regeneration LLP and the Council to influence the development plan for Rainham and Beam Park.

4.         Noted that schemes that might be considered suitable for further investment, including detailed design and planning, will be the subject of further reports and recommendations.

5.         Approved the proposed financial support necessary to deliver recommendations 2, 3 and 4 above, details of which are contained within Exempt Appendix C.

6.         Authorised the Strategic Director of Place and the Assistant Director of Regeneration & Place Shaping to take any action necessary to bring into effect recommendations 2-3 above including, but not limited to, instructions to legal officers and the appointment of architects, surveyors, engineers, planning advisors and agents.

Report Title: Rainham and Beam Park Business Plan Update 20206/27

Presented by: Councillor Graham Williamson, Cabinet Member for Development & Regeneration

Summary:

1.0       This Business Plan considers short and medium term measures appropriate for managing the assets acquired by Havering Council from its original regeneration partner, Notting Hill Genesis, in accordance  ...  view the full minutes text for item 77

Report attached.

Exempt Appendices A, B and C to this Report are not available for public inspection as they contain or relate to exempt information within the meaning of Paragraph 3 of Schedule 12A to the Local Government Act 1972.

This report is in the exempt part of the agenda because it refers to information relating to the financial or business affairs of any particular person (including the authority holding that information) and the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

Officers presented the business plan for the Rainham and Beam Park. The  update covered progress over the last 12 months, planned activity for the coming year, key financial movements, viability considerations and major risks.

The Sub-Committee noted the update and did not make any recommendations.