Issue details

Innovation Park Medway (IPM) Disposal Options

Summary

This report will recommend that the Cabinet agrees to delegate authority to the Director of Place and Deputy Chief Executive, in consultation with relevant Cabinet Members, to investigate options for disposal, including a Joint Venture, and present Cabinet with the preferred option for approval.

 

Access to Information

The report together with any other documents being considered (unless they contain exempt information) will be available for inspection 5 clear days before the decision is taken by the Cabinet. Copies are available on the Council's website or requested from Democratic Services Medway Council, Gun Wharf, Dock Road, Chatham, Kent, ME4 4TR or email democratic.services@medway.gov.uk If you wish to submit information to the Cabinet about the item please also contact Democratic Services.

 

It is noted that the Local Authorities (Executive Arrangements)(Meetings and Access to Information)(England) Regulations 2012 requires 28 clear days’ notice of the intention to make a key decision. On this occasion it has not been possible to provide this 28 clear days’ notice and therefore Section 10 (General Exception) of the above regulations have been complied with. It was not possible to include this report on the Forward Plan with 28 days’ notice because discussions with the Leader and Portfolio Holders around the disposal options had not concluded by that point.

Decision type: Key

Decision status: For Determination

Notice of proposed decision first published: 23/04/2021

Decision due: 4 May 2021 by Cabinet

Lead member: Councillor Rodney Chambers, OBE, Portfolio Holder for Inward Investment, Strategic Regeneration and Partnerships rodney.chambers@medway.gov.uk, Councillor Jane Chitty, Portfolio Holder for Planning, Economic Growth and Regulation jane.chitty@medway.gov.uk, Councillor Alan Jarrett, Leader of the Council alan.jarrett@medway.gov.uk

Lead director: Richard Hicks

Department: Regeneration, Culture and Environment

Contact: Sunny Ee, Assistant Director Regeneration Email: sunny.ee@medway.gov.uk Tel: 01634 331030.

Relevant Overview and Scrutiny Committee:: Regeneration, Culture and Environment

Agenda items