Former Plaza Cinema, Talbot Road, Port Talbot
Private Report of the Head
of Property and Regeneration
Additional documents:
Minutes:
Decision:
That
the tender received by Port Talbot YMCA for the operation of the former Plaza
Cinema be accepted.
Reason for Decision:
To
enable the Council to satisfy Welsh Government’s funding requirements, thus
securing the capital investment needed to bring the building back into
beneficial use. The letting of the premises for a sustainable alternative use
will contribute to the Council’s Regeneration Programme for Port Talbot, in
line with the Port Talbot Integrated Territorial Strategy and the wider Swansea
Bay City Region Economic Regeneration Strategy. It will also positively
contribute to Welsh Government’s Tackling Poverty agenda and the Well-Being of
Future Generations Act.
Implementation of Decision:
The
decision will be implemented after the three day call in period.