TESCO is to give over �600,000 to Fenland District Council following the granting of planning permission for a �50 million Wisbech superstore and retail park.
Cabinet will be told next week of the various projects that the money will support in the town.
The section 106 – planning gain- contributions includes �40,000 for a new traffic signal system along Cromwell Road.
There will also be �100,000 towards creating a master plan for the town’s future growth and �90,000 towards funding schemes resulting from the master plan.
A further �50,000 will go to Wisbech Town Council “to deliver the desired tidal
clocks/ bus shelters/cycleway or other projects, in agreement with both the
developer and the council” says the Cabinet report.
And the largest sum- �350,000- will enable Fenland to provide community transport to serve the new development.
There will also be two touch-screen information points to be placed within the development to offer visitors a guide to other amenities and facilities in Wisbech.
Tesco hope that once complete the new complex, including restaurants and a multi plex cinema, will create over 500 jobs.
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