Decision details

GMP SITE, CHESTER ROAD, OLD TRAFFORD

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

(1) That the principle be approved of the Council entering into a Joint Venture (JV) agreement with the GMCA and a Developer Partner as proposed within the report on terms to be agreed.

 

(2) That authority be delegated to the Corporate Director of Place, in consultation with the Executive Member for Housing and Regeneration, to agree the terms of the JV Agreement.

 

(3) That the £642,500 of funding needed to procure a development partner and obtain detailed planning consent for the scheme be approved.

 

(4) That it be approved that the Corporate Director for Place commences the procurement process.

 

(5) That authority be delegated to the Corporate Director of Place, in consultation with the Executive Member for Housing and Regeneration, to appoint a development partner.

 

(6) That authority be delegated to the Corporate Director of Place, in consultation with the Corporate Director of Governance and Community Strategy and Director of Finance and Systems, to agree appropriate legal agreements with the GMCA to establish the JV partnership.

 

(7) That authority be delegated to the Corporate Director of Governance and Community Strategy to enter into appropriate legal agreements to establish the JV partnership.

 

(8) That it be noted that the development proposal will be reviewed at the conclusion of the planning process and a report will be brought back to the Executive to consider the matter further at that time.

Reasons for the decision:

To seek approval to enter into a joint venture company and support further design work on the project.

Alternative options considered:

To decide that the Council did not want to be a partner in the scheme; but this would mean the Council would not have the same level of influence over the development of the key site.

Publication date: 16/12/2021

Date of decision: 13/12/2021

Decided at meeting: 13/12/2021 - Executive

Date comes into force if not called in: 24/12/2021

Call-in deadline date: 23/12/2021

Accompanying Documents: