Issue - meetings
Dialstone Centre and Blackstone Fields Redevelopment
Meeting: 19/06/2012 - Executive (Item 9)
9 Dialstone Centre and Blackstone Fields Redevelopment 
PDF 48 KB
To consider a report of the Leader of the Council and the Executive Councillor (Governance & Corporate Services)
The purpose of this report is to update the Executive on the progress of this scheme and to seek the Executive’s approval to vary the current Development Agreement made between the Council and THI Riverside Limited (with GB Buildings as the guarantor) for the comprehensive redevelopment of 3 parcels of land in Offerton.
The Executive is recommended to agree the way forward as set out at in the Preferred Option referred to above with authority to negotiate the required amendments to the Development Agreement delegated to the Service Director, Place Development and Corporate Director for Corporate and Support Services in consultation with the Executive Councillors (Governance & Corporate Services) and (Economic Development & Regeneration).
Officer contact:Paul Lawrence, 0161 474 4515, paul.lawrence@stockport.gov.uk
Minutes:
The Executive Councillor (Governance & Support Services) submitted a report (copies of which had been circulated) updating the Executive Meeting on progress with the Dialstone Centre and Blackstone Fields redevelopment scheme and inviting consideration of a proposal to vary the current Development Agreement made between the Council and THI Riverside Limited (with GB Buildings as the guarantor) to allow the Developer to secure an end user operator for the care retirement element of the scheme.
An extract from the Minutes of the Corporate, Resource Management & Governance Scrutiny Committee held on 18 June 2012 in respect of this item was also circulated for consideration.
Executive Councillors sought, and were given assurances that the Developer had been subject to a further Due Diligence process.
RESOLVED – That approval be given to the preferred option set out in the report (Option 2 in the report) and that authority to negotiate the required amendments to the Development Agreement for the redevelopment of the Dialstone Centre and Blackstone Fields be delegated 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).
Meeting: 07/11/2011 - Executive (Item 11)
11 Dialstone Centre and Blackstone Fields Redevelopment PDF 54 KB
To consider a report of the Executive Councillors (Regeneration) and (Finance)
The report sets out progress to date on the regeneration projects for the Dialstone Centre, Blackstone Fields and the site of the former Dial Park School and seeks permission to vary the terms of the original Development Agreement to bring them in line with accurate timescales and revised budgets, the latter clearly contained with the overall project budget.
The Executive is recommended to note the progress on the scheme and to approve the delegation to the Corporate Director of Place and Corporate Director for Corporate and Support Services in consultation with the relevant Executive Councillors to:
(i) progress the re-opening of Offerton Social Club as a community facility as identified in the report.
(ii) allow the extension of the longstop date as identified in the report.
(iii) to incur expenditure to progress the scheme subject to ensuring that all costs are within the envelope of affordability from any future estimated capital receipt.
Officer contact: Paul Lawrence/ Barry Khan, 0161 474 3202 paul.lawrence@stockport.gov.uk / barry.khan@stockport.gov.uk
Minutes:
The Executive Councillors (Regeneration) and (Finance) submitted a report (copies of which had been circulated) informing the Executive Meeting of progress with the regeneration projects at the Dialstone Centre, Blackstone Fields and the former Dial Park School sites and detailing a proposal to vary the terms of the Development Agreement to revise the timescales and budgets for the project, the latter being contained within the overall project budget already agreed.
RESOLVED – That progress with the redevelopment scheme for Dialstone Centre, Blackstone Fields and the former Dial Park School sites be noted and approval be given to the delegation to the Corporate Director of Place and the Corporate Director for Corporate and Support Services, in consultation with the relevant Executive Councillors to:
(i) progress the re-opening of Offerton Social Club as a community facility as detailed in the report;
(ii) allow the extension of the longstop date as detailed in the report, and
(iii) incur expenditure to progress the scheme subject to ensuring that all costs be within the envelope of affordability from any future estimated capital receipt.