Riverside Inverclyde

Constitutional objectives

4. The Company’s Objects are:- 4.1 The promotion for the public benefit of urban regeneration in areas of social and economic deprivation (and in particular within Inverclyde (“the Operating Area')) by all or any of the following means: 4.1.1 the creation of training and employment opportunities by the provision of workspace, buildings and/or land for use on favourable terms, and/or by creating, attracting and safeguarding more and better jobs in Inverclyde, with an emphasis on the private sector in keeping with the national profile of a growing, diversifying and resilient private sector as the engine for economic growth in the regions. 4.1.2 the provision of public artworks 4.2 The preservation, restoration and improvement of the environment in and around the Operating Area through the provision, maintenance and/or improvement of public open space and other public amenities and other environmental and townscape regeneration projects, and on the basis that in doing so, the company shall seek wherever appropriate (but subject to appropriate safeguards to ensure that the public benefit so arising clearly outweighs any private benefit thereby conferred on private landowners) to carry out works of reclamation, remediation, restoration and other operations to facilitate the use for those purposes of land whose use has been prevented or restricted because of previous use. 4.3 The promotion for the public benefit of the preservation (whether wholly or in part) of buildings and other structures of historic and/or environmental significance within the Operating Area. 4.4 The promotion, operation and/or support of other similar projects and programmes, in furtherance of a charitable purpose or charitable purposes, which are for the benefit of the community, and particularly those living within the Operating Area. 4.5 To accelerate the regeneration of strategic employment sites and town centres.