Decision details

The Executive Meeting considered the outcome of an exercise to assess the redevelopment options for the Gorsey Bank site in Cheadle Heath and then

·                agreed in principle to proceed with the development;

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

·                approved in principle for the use of Prudential Borrowing to finance the development, with authority delegated 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.

(Note: the report contained information ‘not for publication’ in its appendix that was circulated to executive councillors only).

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