Decision details
Mayoral Development Corporation for Stockport Town Centre West
PDF 64 KBDecision Maker: Cabinet
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
This report provides an update on plans to
accelerate development in the Town Centre West area and recommends
that the Council agrees formally to the principles set out by GM
Combined Authority that would underpin the creation of a Mayoral
Development Corporation in Stockport
Decision:
The Cabinet considered an opportunity for creating a Mayoral Development Corporation (MDC) to lead the regeneration of Stockport’s Town Centre West and agreed that
· the overall purpose for an MDC in Stockport’s Town Centre West be approved;
· approval be given to underwriting the running costs of any MDC and to the guiding principles according to which an MDC would be created;
· the GM Mayor’s intention to consult on the MDC proposal, and the intention to submit a further report to Cabinet before any final decision by the Mayor could be implemented, be noted.
Alternative options considered:
None
Wards Affected: Brinnington & Central; Edgeley & Cheadle Heath;
Equality and/or Environmental Impact Assessment: n/a
Decision Reference: CAB139
Declarations or conflicts of Interest: None
Other reasons / organisations consulted
E&R Scrutiny and C&H
Scrutiny
Contact: Paul Richards, Director of Development and Regeneration Email: paul.richards@stockport.gov.uk Tel: 0161-474-2940.
Report author: Joseph Conmee
Publication date: 19/12/2018
Date of decision: 18/12/2018
Decided at meeting: 18/12/2018 - Cabinet
Effective from: 29/12/2018
Accompanying Documents: