Issue - decisions

The Cabinet has considered  an update on progress relating to the delivery of Stockroom and proposals to seek Cabinet approval to delegate entering into a build contract and additional finance in light of construction inflationary pressures, and has:-

(1) Given approval to the additional financial commitment from the Council to progress with the project as detailed in the report.

(2) Endorsed the headline offer and overall vision for Stockroom and the benefits to the Council and the people of Stockport this will bring

(3) Delegated approval to the Director of Development and Regeneration and the Deputy Chief Executive in consultation with the Cabinet Member for Economy and Regeneration to enter into contract with the contractor to build Stockroom for a target cost of £13.5m

(4) Authorised the Assistant Director (Legal & Democratic Governance) to do all things necessary to enter into contract with the contractor.

(NOTE: The report contained ‘not for publication’ appendices that had been circulated to the Cabinet only).