Venue: The Jubilee Room, Aylesbury Vale District Council, The Gateway, Gatehouse Road, Aylesbury, HP19 8FF. View directions
Contact: Chris Ward, Email: firstname.lastname@example.org
Temporary & Permanent Changes to Membership
Any changes will be reported at the meeting.
The Committee was informed that Councillor Lyons would be a permanent addition to Economy & Business Scrutiny’s membership and was welcomed by the Committee.
To approve as a correct record the Minutes of the meeting held on 10 December 2018.
That the minutes of the meeting held on 10 December 2018 be approved as a correct record.
For Members to consider the attached report.
Contact officer: Claire Britton 01296 585471
The Director of the Enterprise Zone, Anthony Sowden, was in attendance and welcomed by the Committee. The intention of the Director’s role was to support the
Enterprise Zone’s Board and act as a lead for responsibilities.
A Memorandum of Understanding (MOU) had been agreed by AVDC, Buckinghamshire County Council, Bucks and Thames Valley Local Enterprise Partnerships (BTVLEP), and the Government which permitted a split of retained rates income from the Enterprise Zone (EZ) sites. The sites were designated in March 2016 with a 25 year lifespan. The intention was to invest in the Enterprise Zone to deliver an integrated set of interventions across the three sites which would improve the attractiveness of the Enterprise Zone as a business location. BTVLEP had also agreed individual MOUs with each site owner and set out the position relating to expected but indicative rates of development, marketing expenses and capital investment. The BTVLEP Board were responsible for the EZ governance and strategic direction. Day-to-day operational functions for the EZs were delegated to the Strategic Board which was made up of representatives from the partners. AVDC was ultimately the Accountable Body for the Enterprise Zone and ensured that appropriate arrangements for the proper use and administration of funding and monitoring of division of rates were in line with the MOU. AVEZ would retain new business rates generated through its lifespan for investment into EZ related infrastructure and other local priorities as agreed by the AVEZ Board. It was anticipated that in its 25 year lifespan, AVEZ could generate business rates retention of circa £130m, deliver up to 345,000m2 business floor space and create up to 5,600 jobs.
The Committee was informed that the MOU had required a submission of a Five Year Implementation Plan by March 2017. This Plan outlined the strategic aims of the Enterprise Zone, set out arrangements for delivering those aims and provided a high level summary of proposed activity for each of the three sites. Members were also advised that each Enterprise Zone targeted specific high added-value sectors and their relative supply chains. The sectors were as follows:-
· Silverstone Park: High Performance Technology & Motorsport. New occupiers included David Brown Automotives, Baumot UK, MLL Telecom, Virgin Racing, Delta Motorsports, Mercedes GP, AF Corse, Silverstone Sports Engineering Hub and Lotus. The site was 27 hectares with a total capacity of up to 100,000m2 business floor space.
· Westcott Venture Park: Space Propulsion, Satellite Applications, 5G and Unmanned Airborne Vehicles. New occupants included Reaction Engines, Satellite Applications Catapult and Portakabin. The site had a history going back to World War Two and had growing potential to develop into a ‘space cluster’.
· Arla / Woodlands: this was comprised of two sites with a focus on Agri-Food and Health.
o Woodlands was a 61 hectare site with a capacity for up to 102,800m2 business floor space as well as 1,100 homes, 60 unit extra care, local centre, hotel and conference centre, sports village, primary school, open space and provision of the Eastern ... view the full minutes text for item 3.
To consider the future work programme. Meetings are scheduled as follows:-
17 June 2019: Silverstone update with Roz Bird attending
10 September 2019: Member tour of Westcott (details to follow later in the year)
6 November 2019: No items as yet
Members had expressed an interest in the following items coming to Committee:
· Employment land take up at Berryfields
· AVDC Economic Development Strategy
· Broadband report on overall strategy to connect remaining percentage of households/areas
· Silverstone update
· Update on National Infrastructure Corridor (as and when enough information is available)
The Committee considered their future work programme which had been outlined in the agenda. Members commented that a tour of Silverstone would be useful if possible. The Committee was advised that ‘wrap-up’ reports may be scheduled for early-2020 in preparation for the creation Buckinghamshire unitary authority.
That the position regarding the work programme, as discussed at the meeting, be noted.