Council agrees to capital uplift of £159 million for major investment in new town at Langarth/Threemilestone
At its meeting of 18 December 2018, Cabinet agreed to continue to invest in the major scheme proposed for the land north of the A390 on the west of Truro, variously described as Langarth or Threemllestone. Cabinet agreed the following:
The total of the above items is £59.5 million.
In addition, Cabinet put forward proposals for:
The total for these items is £99.5 million. Business cases will be brought back to Cabinet for sign-off these specific items during 2019.
At its meeting of 22 January 2019, Full Council agreed to support the total capital uplift required of £159 million to allow these investments to be progressed.
For further details, see the Council press release.