Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To provide an update on Thames Gateway Funding
and Medway Renaissance Partnership; and to seek decisions on
Rochester riverside.
274/2003 The Cabinet noted the £56.6
million funding for Medway projects announced by the government on
30 July 2003, while also noting with disappointment the
difficulties around draw down arrangements.
275/2003 The Cabinet asked that the Chief Executive write to
government officials about the urgent need to draw down funds for
Rochester Riverside.
276/2003 The Cabinet, in the light of the funding announcement,
agreed to defer marketing the Rochester Riverside site in the
current financial year, and to accelerate the engineering design
works so they can be progressed at the same time as the outline
planning application is prepared.
277/2003 The Cabinet agreed to defer the formal setting up of the
Medway Renaissance Partnership as a company limited by guarantee
and agreed not to commit major expenditure on its projects until
the problems over the draw down of funding have been
resolved.
These decisions ensure that progress is
accelerated on all of these projects, so far as this was consistent
with protecting the Council's interests.
Publication date: 23/09/2003
Date of decision: 23/09/2003
Decided at meeting: 23/09/2003 - Cabinet
Effective from: 03/10/2003
Accompanying Documents: