Issue details

Arrangements for transfer of land for the new Peterborough University – KEY/31AUG20/02

The purpose of this report is to inform Cabinet of proposed changes to the planned implementation of the University of Peterborough project, including the arrangements for the proposed transfer of Council owned land into a special purpose joint venture (JVCo) to develop the new campus and the associated issues of the Council’s shareholding arrangements in the JVCo and issues including Board Membership, voting rights and control. 

Decision type: Key

Reason Key: Expenditure or savings greater than £500,000;

Decision status: Recommendations Approved

Wards affected: Central;

Notice of proposed decision first published: 31/07/2020

Decision due: 21 Sep 2020 by Cabinet

Lead member: Cabinet Member for Children’s Services, Education, Skills and the University

Lead director: Place and Economy

Department: Place and Economy

Contact: Dave Anderson, Interim Development Director Dave Anderson Interim development Director, 01733 452468, Email: Dave.Anderson@peterborough.gov.uk.

Consultation process

Relevant internal and external stakeholders.

There has been consultation with various partners over plans for the new University. There will be wider public consultation on the first phase buildings through the planning process.

Relevant Scrutiny Committee: Children and Education Scrutiny Committee

Decisions

Agenda items