Issue - meetings

Former Ritz Cinema Car Park, Fletcher Street Update

Meeting: 27/06/2023 - Cabinet (Item 22)

22 Former Ritz Cinema Car Park, Fletcher Street Update (ER&H4) pdf icon PDF 244 KB

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

 

This report seeks approval to dispose of the former Ritz Cinema car park, Fletcher Street.

 

(NOTE: The report contains ‘not for publication’ appendices that have been circulated to the Cabinet only).

 

The Cabinet is recommended to:-

 

(1) Approve the proposal to dispose of the site at Fletcher St (former Ritz Cinema car park) in line with the recommendation report in Confidential Appendix 3 and the Heads of Terms as detailed in Confidential Appendix 2;

 

(2) Delegate authority to the Deputy Chief Executive and Director of Development & Regeneration, in consultation with the Cabinet Member for Economy, Regeneration & Housing and the Cabinet Member for Finance & Resources to negotiate and agree the detailed final terms relating to the disposal of the interest in the site.

 

(3) Delegate authority to the Assistant Director (Legal & Democratic Governance) to do all things necessary or incidental to the implementation of the above-mentioned resolutions.

 

Officer contact: Robert Goulsbra on 0161 218 1764 or email:

robert.goulsbra@stockport.gov.uk

Additional documents:

Minutes:

The Cabinet Member for Economy, Regeneration and Housing (Councillor Colin MacAlister) submitted a report (copies of which had been circulated) detailing proposals for the disposal of the former Ritz Cinema car park, Fletcher Street.

 

(NOTE: This item included a ‘not for publication’ appendix that had been circulated to members of the Cabinet only).

 

RESOLVED – (1) That approval be given to dispose of the site at Fletcher Street (former Ritz Cinema car park) in line with the recommendation report in Confidential Appendix 3 and the Heads of Terms as detailed in Confidential Appendix 2 in the report.

 

(2) That authority be delated to the Deputy Chief Executive and Director of Development & Regeneration, in consultation with the Cabinet Member for Economy, Regeneration & Housing and the Cabinet Member for Finance & Resources to negotiate and agree the detailed final terms relating to the disposal of the interest in the site.

 

(3) That authority be delegated to the Assistant Director (Legal & Democratic Governance) to do all things necessary or incidental to the implementation of the above-mentioned resolutions.


Meeting: 15/06/2023 - Economy, Regeneration & Climate Change Scrutiny Committee (Item 12)

12 Former Ritz Cinema Car Park, Fletcher Street Update pdf icon PDF 152 KB

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

 

The report seeks Cabinet approval to dispose of the former Ritz Cinema Car Park, Fletcher Street.

 

The Scrutiny Committee is requested to note the content and comment on the report and recommendations to Cabinet as appropriate.

 

Officer contact: Paul Richards 0161 474 2940 | paul.richards@stockport.gov.uk

 

Additional documents:

Minutes:

The Director of Development and Regeneration submitted a report (copies of which had been circulated) which sought Cabinet approval to dispose of the former Ritz Cinema Car Park, Fletcher Street.

 

Members noted that the aspiration for the site was a high quality residential development that would contribute to delivering housing numbers in the borough. A 250 year development lease would enable the council to control the deliverability of the site, and was a standard lease term length.

 

RESOLVED – That the report be noted.