RESOLVED: Cabinet:
1. Reaffirmed the King’s Lynn Enterprise Park vision and objectives set out in section 1, in line with the priorities of the West Norfolk Economic Strategy.
2. Recommended progression of Option 3 as detailed in section 3 of the report to progress the remaining infrastructure works required at the King’s Lynn Enterprise Park.
3. Provided delegated authority granted to the Assistant Director for Housing, Regeneration & Place to award the contract to Morgan Sindall to deliver Active Travel Hub works at Baker Lane and the King’s Lynn Enterprise Zone, western access road and site levelling as detailed in section 2 & 5 of the report.
4. Approved the Enterprise Zone funding strategy as set out in section 5 to enable completion of outstanding works necessary to make the site fully available for plot sales and occupation.
5. Approved the amendment to the capital programme 2026/7 and Treasury Management Strategy to reflect the financial arrangements and timeframe set out in this report.
REASON FOR DECISION: To complete the delivery of the Enterprise Zone infrastructure in line with our corporate policy to promote growth & prosperity and priorities identified in the West Norfolk Economic Strategy to support growth in priority sectors