Decision Maker: Executive
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: Yes
The Executive Meeting considered a proposal to vary the current Development Agreement made between the Council and THI Riverside Limited for the redevelopment of Dialstone Centre and Blackstone Fields to allow the Developer to secure an end user operator for the care retirement element of the scheme and has given approval to the preferred Option 2 in the report) and delegated authority to negotiate the required amendments to the Development Agreement to the Service Director (Place Development) and the Corporate Director for Corporate and Support Services in consultation with the Executive Councillors (Governance & Support Services) and (Economic Development & Regeneration).
The report included the following options that were not agreed:-
Option 1 – enforcement of the current development agreement
Option 3 – waiving of the condition for a third end user
None
Wards Affected: Offerton;
Decision Reference: ED1399
Contact: Paul Lawrence, Services for Place Email: paul.lawrence@stockport.gov.uk Tel: 0161-474-4515, Barry Khan, Corporate and Support Services Email: barry.khan@stockport.gov.uk Tel: 0161-474-3202.
Report author: Paul Lawrence
Publication date: 20/06/2012
Date of decision: 19/06/2012
Decided at meeting: 19/06/2012 - Executive
Effective from: 27/06/2012
Accompanying Documents: