Decision details

CR 295 - Deed of Variation to an existing Facility Agreement between DMBC and Robin Hood Airport Developments Limited

Decision Maker: Director of Corporate Resources

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

Sheffield City Council holds responsibility for a number of funding streams within the Sheffield City Region. A financial appraisal of a scheme to build 44,000 sq ft of business space at RHABP identified a viability gap. Sheffield City Council then approached Doncaster Council to apply to the SCR Growing Places Fund ad transfer the equivalent in aid to RHADL through a separate Facility Agreement.

A Deed of Variation between Doncaster Council and Robin Hood Airport Developments Limited is required to reflect the position that Robin Hood Airport Business Park is not an Enterprise Zone.

Decision:

To enter into a deed of variation to an existing Facility Agreement between Robin Hood Airport Developments Ltd (RHADL) and Doncaster Council, wherein the parties confirm that the property at Robin Hood Airport Business Park (RHABP) is not in the Sheffield City Region Enterprise Zone and agree that all references in the Facility Agreement dated 3 May 2017 to the property being located in the Enterprise Zone are deleted.

Alternative options considered:

Option 1 - Enter into a Deed of Variation between Doncaster Council and Robin Hood Airport Developments Limited to reflect the position that Robin Hood Airport Business Park is not in an Enterprise Zone. (Recommended Option)

Option 2 - Do Nothing

Publication date: 19/07/2018

Date of decision: 16/07/2018

Accompanying Documents: