Decision details

Adlington Walk Future High Streets Fund (C&H38/ E&R89)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

An update on the Councils' Future High Streets Fund development at Adlington Walk, Merseyway

Decision:

The Cabinet has considered  an update on progress relating to the delivery of Stockroom and proposals to seek Cabinet approval to delegate entering into a build contract and additional finance in light of construction inflationary pressures, and has:-

 

(1) Given approval to the additional financial commitment from the Council to progress with the project as detailed in the report.

 

(2) Endorsed the headline offer and overall vision for Stockroom and the benefits to the Council and the people of Stockport this will bring

 

(3) Delegated approval to the Director of Development and Regeneration and the Deputy Chief Executive in consultation with the Cabinet Member for Economy and Regeneration to enter into contract with the contractor to build Stockroom for a target cost of £13.5m

 

(4) Authorised the Assistant Director (Legal & Democratic Governance) to do all things necessary to enter into contract with the contractor.

 

(NOTE: The report contained ‘not for publication’ appendices that had been circulated to the Cabinet only).

Alternative options considered:

None.

Interests and Nature of Interests Declared:

None.

Reason Key: Affects 2 or more wards;

Equality and/or Environmental Impact Assessment: An EIA is being completed

Decision Reference: CAB392

Declarations or conflicts of Interest: None.

Forward Plan Reference: C&H38/ E&R89

Other reasons / organisations consulted

Consultation will be done with service users, key stakeholder, ward members and staff.

Contact: Alex Fyans Email: alex.fyans@stockport.gov.uk.

Report author: Heather Williams-Taplin

Publication date: 15/03/2023

Date of decision: 14/03/2023

Decided at meeting: 14/03/2023 - Cabinet

Effective from: 22/03/2023

Accompanying Documents: