Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To consider the grant application for 351 High
Street following Cabinet's deferral of consideration on 6 June
2006.
163/2006 The Cabinet approved a Townscape
Heritage Initiative grant, as set out in the exempt appendix for
351 High Street, Rochester.
Without the grant, the building is likely to
remain in its current state as restoration will remain economically
unviable. The intention of all Townscape Heritage Initiative grants
is to contribute to a safe and tenable future for Medway's heritage
assets. Eligibility is based on a building's need; 351 High Street
was given priority 1 status by the Townscape Heritage Initiative
Action Plan. Though the renovation of 351 High Street requires a
large investment of public money, it will provide a return on that
investment in the form of lasting cultural, economic and heritage
capital for Medway. Effective safeguards have been put in place to
enable clawback of grant money if the building increases in value
within five years of completion.
Publication date: 18/07/2006
Date of decision: 18/07/2006
Decided at meeting: 18/07/2006 - Cabinet
Effective from: 27/07/2006
Accompanying Documents: