Issue - meetings

To consider a report of the Cabinet Member for Economy Regeneration.

The report seeks Cabinet approval for the acquisition of a site detailed in the confidential appendices, as well as the feasibility costs of the design and planning for the site (up to a maximum figure of £300,000, to include all legal expenses, planning and design costs).

(NOTE: The report contains ‘not for publication’ appendices that have been circulated to the Cabinet only).

The Cabinet is recommended to:

(1) Approve the acquisition of the site using the Mayoral Development Corporation (MDC) Investment Facility approved by Cabinet in October 2019 as set out above and the Confidential Appendices;

(2) Approve the feasibility costs of design and planning for the site up to a maximum figure of £300,000 to include all legal expenses, planning and design costs;

(3) Delegate authority to the Director of Development and Regeneration to negotiate and agree the final terms for the acquisition of the site and to enter into all documentation required to acquire the site in consultation with the Cabinet Members for Economy and Regeneration and Finance and Resources;

(4) Delegate authority to the Assistant Director, Legal and Democratic Governance to do all things necessary or incidental to the implementation of the above resolutions.

Officer contact: Chris Carlisle by email: chris.carlisle@stockport.gov.uk

The Leader of the Council (Councillor Mark Hunter) submitted a report of the Cabinet Member for Economy & Regeneration (copies of which had been circulated) detailing a proposal for the acquisition of a site detailed in the confidential appendices, as well as the feasibility costs of the design and planning for the site (up to a maximum figure of £300,000, to include all legal expenses, planning and design costs).

(NOTE: The report contained ‘not for publication’ appendices that had been circulated to the Cabinet only).

RESOLVED - (1) That approval be given to the acquisition of the site using the Mayoral Development Corporation (MDC) Investment Facility approved by Cabinet in October 2019 as set out above and the Confidential Appendices;

(2) That approval be given to the feasibility costs of design and planning for the site up to a maximum figure of £300,000 to include all legal expenses, planning and design costs;

(3) That authority be delegated to the Director of Development and Regeneration to negotiate and agree the final terms for the acquisition of the site and to enter into all documentation required to acquire the site in consultation with the Cabinet Members for Economy and Regeneration and Finance and Resources;

(4) That authority be delegated to the Assistant Director, Legal and Democratic Governance to do all things necessary or incidental to the implementation of the above resolutions.

To consider a report of the Director of Development and Regeneration.

The report seeks Cabinet approval for the acquisition of a site detailed in the confidential appendices, as well as the feasibility costs of the design and planning for the site (up to a maximum figure of £300,000, to include all legal expenses, planning and design costs).

The Scrutiny Committee are asked to consider and note the report.

Officer contact: Chris Carlisle | chris.carlisle@stockport.gov.uk

A representative of the Director of Development and Regeneration submitted a report (copies of which had been circulated) which sought Cabinet approval for the acquisition of the site detailed in the confidential appendices, as well as the feasibility costs of the design and planning for the site (up to a maximum figure of £300,000, to include all legal expenses, planning and design costs).

RESOLVED – That the report be noted.