Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To provide Members with an update on the
financial performance of the Rochdale Riverside Retail &
Consideration was given to a report of the Cabinet Member for Finance and Corporate / Director of Corporate Services that provided an update regarding the financial position for Rochdale Riverside Retail and Leisure Development.
Resolved - That the Rochdale Riverside Financial Update 2023/24 report be noted.
Reason for decision
To update Cabinet on the financial position of the Council, to ensure that budget pressures were identified and corrective action was taken, to ensure that financial resources continued to be spent in line with the budget, and to enable decisions to be taken in full knowledge of all relevant financial implications.
To ensure Cabinet was aware of the anticipated financial performance of the Rochdale Riverside scheme over the next 10 years, including an understanding of business risk and opportunities
Not to consider the report – this option was not recommended as the report was provided for information to update on the financial position of the Council.
Report author: Michelle Ashworth (for commercial,Economy & Resources)
Publication date: 29/11/2023
Date of decision: 28/11/2023
Decided at meeting: 28/11/2023 - Cabinet
Effective from: 07/12/2023