Issue - meetings

Rochester Riverside Phase 1 Development

 

 

Meeting: 17/08/2010 - Cabinet (Item 80)

80 Rochester Riverside Phase 1 Development pdf icon PDF 102 KB

Minutes:

This report provided details of a decision made by the Leader, using his urgency powers, to enable the Council to extend the exclusivity agreement with Crest Nicholson until 24 September 2010 for the entirety of Phase 1 of Rochester Riverside.

 

In addition, the report set out a proposal to delegate authority to the Chief Executive, in consultation with the Leader, to make any further changes to the exclusivity agreement with Crest Nicholson, until 17 December 2010.

 

Decision number:

Decision:

 

The Cabinet noted the use of the Leader’s urgency powers to extend the nine month Exclusivity Agreement to 24 September 2010 with Crest Nicholson for the entirety of Phase 1 of Rochester Riverside.

118/2010

The Cabinet agreed to delegate authority to the Chief Executive, in consultation with the Leader, to make any further changes to the Exclusivity Agreement with Crest Nicholson, as set out in paragraph 3.3 of the report, until 17 December 2010.

 

Reasons:

 

The use of the Leader’s urgency powers and the delegation to the Chief Executive means that the opportunity for development activity at Rochester Riverside with the Council’s preferred developer is retained and that momentum is maintained on this flagship regeneration project.