Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
This report will details proposals for the
develop of Phase 2 of the Medway Innovation Centre.
80/2007 The Cabinet noted the progress
achieved in establishing the Phase 1 innovation centre.
81/2007 The Cabinet instructed officers to reopen negotiations with
St. Modwen's (who were the second preferred developers) given that
negotiations with the current preferred developer could not be
satisfactorily concluded.
82/2007 The Cabinet authorised the Chief Executive, in consultation
with the Portfolio Holder for Strategic Development and Economic
Growth, to grant a development agreement and lease for the Phase 2
site to St. Modwen's if satisfactory terms can be agreed.
83/2007 Subject to agreement with St. Modwen's not being reached:
(i) In relation to construction of the Phase 2 facility, the
Cabinet approved the council entering into a design and build
contract (option 2) with a suitable construction company either
though the South East Centre of Excellence (SECE) route or through
an Official Journal of the European Union (OJEU) tender and
delegated authority to the Chief Executive to review the
suitability of the SECE Framework, to proceed with a procurement
through SECE if satisfactory and appropriate, or otherwise to
proceed with a separate tender in accordance with Contract Rules
and to award the contract. (ii) In relation to the management of
the Phase 2 facility, the Cabinet approved the council entering
into a lease of not more than 7 years (option 3) and/or a
management and services contract of the same length with a suitable
operating company and delegated authority to the Chief Executive to
award the contract at Gateway 3, Contract Award. (iii) The Cabinet
recommended to Full Council to approve the Prudential borrowing
requirement and the required cashflow cover from council reserves
for the project to proceed and to add the scheme to the Capital
Programme.
This will enable the Council to take the
Medway Innovation Centre scheme forward ensuring that Government
money allocated to the project is expended by 31 March
2008.
Publication date: 03/04/2007
Date of decision: 03/04/2007
Decided at meeting: 03/04/2007 - Cabinet
Effective from: 12/04/2007
Accompanying Documents: