Decision details

To add the £2,864,316 development of the Magor and Undy Community Hub to the capital programme.

To delegate responsibility to the Chief Officer for Resources and Cabinet Member for Resources for approval of the business case and lease terms with the MUCH group, inclusive of a rent-free period of two years.

That the development is conditional upon granting of £400,000 additional contribution from Welsh Government’s Economic Stimulus Fund.

That the development is funded via £800,000 S106 contributions from the Rockfield Farm development, and £222,120 advanced call on the Vinegar Hill development’s S106 contribution.