Landmark deals like this one are usually the result of considerable time and effort by officers and this one is no exception.
Last year the Jardine Motors Group, a major Audi dealership, approached us about the availability of the old Westhulme Hospital site off Chadderton Way.
They had identified it as a perfect fit for their plans to build a 17-car showroom with a 24-bay service workshop and to create a hub that can support all of their existing businesses across the region.
The site was owned by the NHS Trust and we knew it was surplus to requirements so officers in our regeneration team set to work with them to see what could be done.
The upshot – subject to planning permission – would be a new Audi dealership that will represent an investment of around £8 million into the borough.
Not only does that mean another major brand has chosen to have a presence in Oldham, it’s also good news in so many other ways.
It will mean the creation of around 87 new skilled jobs and Jardine have also signed up to our Get Oldham Working campaign which means they’ve committed to working alongside our colleges and supply chains to create even more new local opportunities.
That makes this a ‘win win’ for everyone – and every extra bit of business rates income will, of course, also help the council in the face of our ongoing financial pressures.
That is timely as Monday saw the release of the final Local Government finance settlement, which is official confirmation of exactly what funding we will get from Government for the 2016/7 financial year.
Tomorrow night (Thursday) we will be taking the final proposed tranche of cuts for that year of around £16.1m to Cabinet.
Getting to this stage has meant making a series of tough decisions: the vast majority of which neither myself nor my colleagues would willingly want to make.
Part of the final proposals also mean that your Council Tax will increase next year.
Two per cent of that rise is because the Government – by its own admission – simply isn’t giving us enough to help tackle the spiralling costs in social care.
Their solution to this has been to conveniently give all councils a new option to put their Council Tax up by 2 per cent to fund that gap (it doesn’t do that at all, by the way).
I understand every Greater Manchester council – like the vast majority across the country – will be taking this option, but it is still a bitter pill.
Essentially the Government is passing the blame for this funding cut and problem down to us – and then leaving us to pass it on to your bottom line.
Since 2009 we’ve now had to find a total of £176 million in cuts from our budget and February has become a time of year that we all dread.
The decisions get harder each time and so, undeniably, does the impact on residents and your frontline services.
Our final proposals will go next to Full Council (Budget) on Wednesday, February 24, for approval.
The meeting will, as usual, be broadcast live on our website, but I can’t promise it will make for happy viewing(!).