Issue details

Issue details

Housing Infrastructure Funding (HIF) - Osney Mead Innovation Quarter

The funding is for delivery of new infrastructure at Osney Mead to enable the first phases of redevelopment of the Osney Mead Innovation Quarter to take place in line with the emerging Local Plan. This decision ensures the funding is secured following an urgent deadline given by Homes England to finalise contracting. They have stated that all outstanding funding awards must be contracted ahead of October 31st to avoid the risk of funds being withdrawn. It should be noted that £4.35m is the last piece of funding secured for the Oxford Flood Alleviation Scheme. The remaining £1.738m funds pedestrian and cycle routes linking Botley, Hinksey, Osney Mead and Oxpens alongside a wider pool of funds.

 

Decision type: Key

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

Decision status: Recommendations Approved

Notice of proposed decision first published: 31/07/2018

Anticipated restriction: Part exempt  -

Decision due: 28 Oct 2019 by Executive Director (Development)

Decision due: 25 Nov 2019 by Council

Department: Economic Development

Reason date could change: Confirmed for this meeting

Is the date subject to change: No

Decisions

Agenda items