Issue - meetings

Report of the Director of Corporate Resources - To be introduced by the Cabinet Member for Resources): To consider the next stage in securing the development and refurbishment of the site and the main Town Hall building.

Hornsey Town Hall(Report of the Director of Corporate Resources - Agenda Item 28)

The interleaved report was the subject of a motion to exclude the press and public from the meeting as it contained exempt information relating to the business or financial affairs of any particular person (including the Authority holding that information).

We asked that our thanks to the Community Partnership Board (CPB) be placed on record for their work and having led the process of generating a vision for the Town Hall.

RESOLVED:

1.      That the progress made on the following be noted -

·   The formation of the Hornsey Town Hall Creative Trust as a charitable company being developed to take responsibility for the future management of the refurbished Town Hall as a community facility;

·   The selection of a development partner to finance and carry out the refurbishment of the Town Hall as a consideration for acquiring the surrounding site and property interest for a significant mixed use regeneration scheme.

2.      That, having regard to the timescales, risk analysis and financial implications of the current project and having considered two alternative approaches designed to accelerate the process with the aim of reducing or mitigating the risks, the process for selecting the development partner be changed to a twin track approach that would involve splitting the work into two distinct projects –

a) The refurbishment of Hornsey Town Hall; and

b) The development of the surrounding area.

3.      That in the light of the changed approach approval be granted to the Capital Programme being adjusted to incorporate additional expenditure budgets for the fees and works amounting and additional capital receipts as described in paragraph 9 of the interleaved report.