Public sector may take lead on changing shape of city
Published: 2010-03-11 09:50:05
Council leaders are being recommended to close the company that has masterminded Derby's regeneration over the past six years – so the public sector can take a lead on future developments.
(Sourced from the Derby Telegraph.)
Responsibility for bringing projects to key sites would switch to a new department within the city council, if the authority backs officers' recommendations at a meeting on Tuesday.
The changes would mean urban regeneration company Derby Cityscape would close from the end of June.
Staff would be transferred to the regeneration division at the council, which is part of the chief executive's office. There would be no job losses.
Inward investment company Marketing Derby, which is already partly funded by the council, would be given more responsibility to focus on tourism and city centre management under a new agreement with the authority.
Council chief executive Adam Wilkinson said: "The private sector alone cannot achieve our ambitions.
"The public sector should, therefore, intervene and provide the leadership in these difficult economic times."
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