Issue - meetings

To consider a report of the Executive Councillors (Corporate, Customer & Community Services) and (Economic Development & Regeneration)

This report details the outcome of an exercise to assess the redevelopment options for the Gorsey Bank site in Cheadle Heath and makes a recommendation for the end use and delivery vehicle for a high quality light industrial development.

(Note: the report includes information ‘not for publication’ in its appendix that has been circulated to executive councilors only)

The Executive is recommended to

·           Approve that the Council funds the costs of the FBC to develop the project further, to a maximum of £140,000.

·           Approve in principle the use of Prudential Borrowing to finance the development, with delegated authority to the Corporate Director, Place Management and Regeneration and Corporate Director, Corporate and Support Services in consultation with the Executive Councillor (Corporate, Customer and Community Services) and Executive Councillor (Economic Development and Regeneration) to :

·           progress with any necessary scheme and building design and, with the assistance of the Council’s Strategic Property Partner, proceed with the procurement of suitable contractors and partners to deliver the proposals;

·           agree the further procurement of consultants as may be required to deliver the scheme; and,

·           take any action needed to resolve any issues that may hinder the delivery of this site within the planned budget.

Officer contact: Nicola Turner, 0161 474 1635, nicola.turner@stockport.gov.uk

A joint report of the Executive Councillors (Corporate, Customer & Community Services) and (Economic Development & Regeneration) was submitted (copies of which had been circulated) inviting the Executive Meeting to consider the outcome of an exercise to assess the redevelopment options for the Gorsey Bank site in Cheadle Heath.

(Note: the report contained information ‘not for publication’ in its appendix that was circulated to executive councillors only).

RESOLVED – That in relation to Gorsey Bank, Cheadle Heath:-

·                agreement in principle be given to proceed with the development;

·                the funding be approved for the necessary works to submit a full planning application and complete the Final Business Case as set out in the report;

·                approval in principle be given for the use of Prudential Borrowing to finance the development, with delegated authority to the Corporate Directors for Place Management & Regeneration and for Corporate and Support Services, in consultation with the Executive Councillors (Corporate, Customer & Community Services) and (Economic Development & Regeneration) to:

-       progress with any necessary scheme and building design and, with the assistance of the Council’s Strategic Property Partner, proceed with the procurement of suitable contractors and partners to deliver the proposals;

-       agree the further procurement of consultants as may be required to deliver the scheme; and,

-       take any action needed to resolve any issues that may hinder the delivery of this site within the planned budget.

To consider a report of the Corporate Director for Place Management and Regeneration and Corporate director for Corporate and Support Services

The report details the outcome of an exercise to assess the redevelopment options for the Gorsey Bank site in Cheadle Heath and makes a recommendation to the Executive for the end use and delivery vehicle for a high quality light industrial development.

(Note: Appendix 3 to the report includes information ‘not for publication’ that has been circulated to Members of the Scrutiny Committee only).

The Scrutiny Committee’s views are requested.

Officer Contact: Nicola Turner on 0161 218 1635 or email: nicola.turner@stockport.gov.uk

The Corporate Director for Place Management and Regeneration submitted a report (copies of which had been circulated) detailing the outcome of an exercise to assess the redevelopment options for the Gorsey Bank site in Cheadle Heath. Stockport Property Alliance had undertaken an Outline Business Case to establish the development potential and had considered various options. The Executive at its meeting on 30 September 2014 would be recommended to approve the end use and delivery vehicle for a high quality light industrial development.

(Note: this report contained information ‘not for publication’ in Appendix 3 that had been circulated to Members of the Scrutiny Committee only)

The Executive Councillor (Economic Development and Regeneration) (Councillor Patrick McAuley) attended the meeting to respond to Members’ questions. 

RESOLVED – That the Executive be advised that this Scrutiny Committee supports the proposals for the development of the Gorsey Bank site.