Issue - meetings

This report requests that Council agrees to delegate authority to the Director of Regeneration Community and Culture, in consultation with the Leader of the Council, to dispose of the Stanley Wharf site on Rochester Riverside for redevelopment.

Discussion:

This report provided details of a proposal to dispose of Stanley Wharf, Rochester Riverside to enable development on the site. The Cabinet considered this report on 8 April 2014 and its recommendations to Council were set out in the report.

An exempt appendix provided details of the tender process for Stanley Wharf, the preferred developer and the financial bid received.

The Leader of the Council, Councillor Rodney Chambers, supported by the Portfolio Holder for Strategic Development and Economic Growth, Councillor Chitty, proposed the recommendation set out in the report.

Decision:

The Council agreed to delegate authority to the Director of Regeneration, Community and Culture in consultation with the Leader of the Council:

·      To dispose of the Stanley Wharf site (as shown edged black on the plan attached to the report) for redevelopment.

·      To enter into any necessary agreements.

Background:

This report provided details of a proposal to dispose of the Stanley Wharf site on Rochester Riverside for redevelopment. The report gave details of development elsewhere on Rochester Riverside together with the specific details of the Stanley Wharf site and the tender process undertaken to identify and select a preferred developer.

It was noted that the preferred developer for Stanley Wharf would submit a detailed planning application against the revised Rochester Masterplan and Development Brief in summer 2014.

An exempt appendix provided details of the tender process for Stanley Wharf, the preferred developer and the financial bid received.

Reasons:

The disposal of Stanley Wharf will realise capital receipts and will maintain momentum of delivery and the continued regeneration of the Council’s key development scheme.