Issue - meetings

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

The report follows on from the Cabinet report in December 2018 and provides an update on the outcome of the GM Mayor’s consultation on creating a Mayoral Development Corporation in Stockport.  It also notifies the Council of the GM Mayor’s decision at the March 29th GMCA to notify the Secretary of State of his intention to establish the Mayoral Development Corporation.

The Cabinet is invited to

·         note and comment on the outcome of the consultation;

·         agree to the GM Mayor’s intention of notifying the Secretary of State of his decision to designate the Stockport Town Centre West area;

·         agree to the GM Mayor’s intention of notifying the Secretary of State of his decision to create a Mayoral Development Corporation (to be named the “Stockport Town Centre West Mayoral Development Corporation”) to lead the regeneration of Stockport’s Town Centre West area;

·         agree to the GM Mayor’s intention to initiate the process to recruit and appoint Board members (with relevant appointments made by Stockport Council in agreement with the Mayor);

·         agree to the GM Mayor’s intention to instruct GMCA and Stockport Council officers to work with Ministry of Housing Communities and Local Government on the development of the necessary legislation, and to delegate approval of the draft constitution for the proposed Corporation to the CA Chief Legal Officer, in consultation with the GM Mayor.

Officer contact: Joseph Conmee, 0161-474-5396, joseph.conmee@stockport.gov.uk

The Cabinet Member for Economy & Regeneration submitted a report (copies of which had been circulated) updating the Cabinet on progress with the creation of a Mayoral Development Corporation for the Stockport Town Centre West, including the outcome of the GM Mayor’s consultation on proposals and the decision of the GMCA and the Mayor to refer the application to the Secretary of State for approval.

The Cabinet Member emphasised the cross-party support for these proposals and the commitment of all groups on the Council to the Town Centre West.

Cabinet Members emphasised the need to ensure that existing businesses in the proposed Mayoral Development Corporation area were kept informed of developments.

RESOLVED – That in relation to the creation of a Mayoral Development Corporation for Town Centre West:-

·         the outcome of the consultation be noted;

·         agreement be given to the GM Mayor’s intention of notifying the Secretary of State of his decision to designate the Stockport Town Centre West area;

·         agreement be given to the GM Mayor’s intention of notifying the Secretary of State of his decision to create a Mayoral Development Corporation (to be named the “Stockport Town Centre West Mayoral Development Corporation”) to lead the regeneration of Stockport’s Town Centre West area;

·         agreement be given to the GM Mayor’s intention to initiate the process to recruit and appoint Board members (with relevant appointments made by Stockport Council in agreement with the Mayor);

·         agreement be given to the GM Mayor’s intention to instruct GMCA and Stockport Council officers to work with Ministry of Housing Communities and Local Government on the development of the necessary legislation, and to delegate approval of the draft constitution for the proposed Corporation to the GMCA Chief Legal Officer, in consultation with the GM Mayor.