Decision details

WEST KIRBY REGENERATION - THE SAIL PROJECT

Decision Maker: Cabinet

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report will update Members on progress with this key private sector led development in West Kirby. The report will consider further action. This is a priority for the Borough

Decisions:

The Deputy Chief Executive/Director of Corporate Services provided an update to members on progress with the Sail Project, further to the appointment of developers Carpenter Investments Ltd. on a 12 month lock-out basis in January 2008. The report summarised the developer’s progress and went on to seek members’ approval for an extension to the lock-out agreement in order for Carpenter Investments to provide further details in relation to a revised scheme proposal.

 

Resolved -That

 

(1)  a three month extension be approved from the current expiry date to the lock-out agreement with Carpenter Investments in order that the Developer can provide further details and to allow officers sufficient time to evaluate the information; and

 

(2)  the Director of Law, HR and Asset Management be authorised to complete the legal documentation required to extend the existing agreement for that period.

 

Publication date: 18/12/2008

Date of decision: 10/12/2008

Decided at meeting: 10/12/2008 - Cabinet

Effective from: 30/12/2008

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