The Deputy Chief Executive and the Corporate Director for Place Management & Regeneration have approved the surrender of the occupational leasehold interest of 62 Wellington Road South.
The Deputy Chief Executive and the Corporate Director for Place Management & Regeneration have approved the acquisition of 62 Wellington Road South as part of Phases 6 and 7 of Stockport Exchange.
The Executive considered proposals for the use of compulsory purchase powers to acquire the further properties needed for the latter phases of Stockport Exchange, should agreement not be reached through the existing private treaty negotiations, and agreed:-
1. That the Executive agrees to the making of a Compulsory Purchase Order under s.226(1)(a) of the Town and Country Planning Act 1990 (as amended), s.13 of the Local Government (Miscellaneous Provisions) Act 1976, and all other relevant powers to acquire all outstanding land and interests required for Phases 6 and 7 of Stockport Exchange and to create new rights facilitating the proposed development and treatment of elevations of properties affected, together with the right to erect, repair, maintain and improve those elevations.
2. That if the CPO is confirmed, the Executive agrees to the acquisition of the land and rights the subject of the CPO subject to there being no material change in circumstances that would mean that it could not properly pursue the CPO.
3. That the Executive agrees to carry out and enter into arrangements to secure the appropriation for planning purposes of the land required for the development in order to utilise the power contained in Sections 232 and 237 of the Town and Country Planning Act 1990 (as amended).
4. That the Executive authorises the Corporate Director for Place Management and Regeneration and Borough Treasurer (1) to take all necessary steps to implement these resolutions and to appropriate land, in accordance with the terms set out in this Report and (2) to approve agreements with landowners setting out the terms of withdrawals of objections to the Order including where appropriate the exclusion of land from the Order, to make deletions from, and/or minor amendments, and modifications to the proposed Order and Order Plans, to agree to refrain from vesting any land/rights included within the Order should this be in their opinion appropriate, and to negotiate terms for the acquisition by agreement of any outstanding interests/rights in the land within the Order prior to its confirmation.