Issue - meetings

To consider a report of the Executive Councillor (Reform & Governance)

The report proposes the acquisition from NHS Property Services via Seddon Regeneration of land at former St Thomas’ Hospital site to enable its development with a mixture of residential properties for affordable rent and shared ownership.

The intention is that Seddon Regeneration will acquire the site from the NHS and simultaneously transfer it to the Council on signing of a contact to build the development.

The development is to be financed with a combination of Homes and Communities grant and funding from the Council’s Housing Revenue Account. The completed dwellings will be appropriated to the Housing Revenue Account and form part of the Councils housing stock to be managed by Stockport Homes.

(Note: the report contains information ‘not for publication’ in its appendix that has been circulated to executive councillors only).

The Executive is requested to review the report and appendices and agree to the following resolutions:

1.         That the Deputy Chief Executive be authorised to conclude the detailed negotiations for the acquisition of the land and to vary the current lease and to award the contract for construction of the housing on the terms as set out in this report.

2.         That the Head of Legal & Democratic Governance be authorised to take all steps and do all things to give effect to the above resolution.

Officer contact: Murray Carr, 0161-474-3019, murray.carr@stockport.gov.uk

The Executive Councillor (Reform & Governance) submitted a report (copies of which had been circulated) inviting the Executive to consider a proposal to acquire the site of the former St Thomas’s Hospital to facilitate a resident development in conjunction with Seddon Regeneration and Stockport Homes Ltd.

(Note: the report contained information ‘not for publication’ in its appendix that was circulated to executive councillors only)

RESOLVED – That in relation to the proposed acquisition of the site of the former St Thomas’s Hospital for housing development:-

·         the Deputy Chief Executive be authorised to conclude the detailed negotiations for the acquisition of the land and to vary the current lease and to award the contract for construction of the housing on the terms as set out in this report;

·         the Head of Legal & Democratic Governance be authorised to take all steps and do all things to give effect to the above resolution.