Issue - meetings

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

This report sets out the Council’s strategy for the vacant, former Debenhams building located on the A6 in Stockport Town Centre, and seeks approval for investment in the Council’s preferred option for the building.

(NOTE: The report contains a confidential appendix that has been circulated to members of the Cabinet only).

The Cabinet is recommended to:-

(1) Give approval to the funding for the preferred redevelopment option for the former Debenhams building as outlined in the above report and confidential appendices and

(2) Delegate authority to the Deputy Chief Executive and the Director of Development & Regeneration in consultation with the Cabinet Member for Economy and Regeneration to;

·         appoint a contractor and appropriate professional team as required to deliver the refurbishment works and execute any necessary letter of intent, pre-construction services agreement or other agreement, pending resolution of the final contract;

·         agree the detailed initial investment mix for the building;

·         agree the terms of occupational leases for the building;

·         take such other steps as are appropriate and necessary to implement the strategy set out in this report

(3) Delegate authority to the Strategic Head of Service (Legal and Democratic Governance) to do such things as are necessary or incidental to implementation of the above recommendations.

Officer contact: Robert Goulsbra on 0161 218 1764 or email: robert.goulsbra@stockport.gov.uk

The Cabinet Member for Economy & Regeneration (Councillor Colin MacAlister) submitted a report (copies of which had been circulated) setting out the Council’s strategy for the vacant, former Debenhams building located on the A6 in Stockport Town Centre.

(NOTE: This item included a ‘not for publication’ appendix that had been circulated to members of the Cabinet only).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 the funding for the preferred redevelopment option for the former Debenhams building as outlined in the above report and confidential appendices and

(2) That authority be delegated to the Deputy Chief Executive and the Director of Development & Regeneration in consultation with the Cabinet Member for Economy and Regeneration to;

·         appoint a contractor and appropriate professional team as required to deliver the refurbishment works and execute any necessary letter of intent, pre-construction services agreement or other agreement, pending resolution of the final contract;

·         agree the detailed initial investment mix for the building;

·         agree the terms of occupational leases for the building;

·         take such other steps as are appropriate and necessary to implement the strategy set out in this report

(3) That authority be delegated to the Strategic Head of Service (Legal and Democratic Governance) to do such things as are necessary or incidental to implementation of the above recommendations.