Decision details

Stockport Exchange (Phase 2)

Decision Maker: Corporate and Support Services, Corporate Director (Place) and Deputy Chief Executive

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

None

Decision:

Further to the decision of the Executive on 1 October 2013 relating to Phase 2 of the delivery of the Stockport Exchange regeneration proposals, the Corporate Directors for Corporate and Support Services and for Place Management and Regeneration, in consultation with the Executive Councillors (Corporate, Customer & Community Services) and (Economic Development & Regeneration) have approved:

 

              (i)       the legal and financial structure to achieve the delivery of Phase 2;

             (ii)       completion of the Hotel Management Agreement ;

            (iii)       completion of the Franchise Agreement (and subsidiary documents) and,

            (iv)       completion of a new lease with Network Rail to enable the construction of the Public Realm works.

 

(NOTE: the report contains information ‘not for publication’ within Appendices 1 & 2 that were considered by the Corporate Directors and Executive Councillors only).

Alternative options considered:

None

Wards Affected: Brinnington & Central;

Equality and/or Environmental Impact Assessment: N/A

Decision Reference: ODPL27

Declarations or conflicts of Interest: None

Forward Plan Reference: EDR16

Other reasons / organisations consulted

Town Centre Task Force Meeting

Environment & Economy Scrutiny Committee

Contact: Paul Lawrence, Services for Place Email: paul.lawrence@stockport.gov.uk Tel: 0161-474-4515 George Perrin, Services to Place Email: george.perrin@stockport.gov.uk Tel: 0161-474-4510 Parveen Akhtar, Corporate & Support Services Email: parveen.akhtar@stockport.gov.uk Tel: 0161 218 1450.

Publication date: 29/04/2015

Date of decision: 21/04/2015

Accompanying Documents: