Issue - decisions

i.       The Executive confirms its continuing support for the Market Street

development and agrees proposed changes to the Council’s previously agreed position as set out in paragraphs 1.4.1 – 1.4.4 of the confidential Appendix A, including notably:

·       Supporting a 10% increase to the Council’s 50% contribution to the development costs, reflecting increased construction costs and rephasing of expenditure, noting that this has no impact on the Council’s financial position due to the loan note mechanism in the Bracknell Forest Cambium Partnership legal agreements;

·       Delegating authority to the Assistant Director: Contract Services to enter into an agreement with the Bracknell Forest Cambium Partnership for required off-site car park provision.

ii.     The Executive, looking ahead to future town centre development, requests

the Executive Director for Place, Planning and Regeneration to review the

Council’s current town centre parking standards and identify a range of future

options to reduce reliance on car usage and promote the use of more sustainable public and private transport solutions that align with the Council’s

climate change ambitions for the Council itself and the Borough of Bracknell

Forest.