Issue - decisions

Phase 1, Town Square, New Brighton

26/07/2011 - Phase 1, Town Square, New Brighton

A report by the Director of Law, HR and Asset Management sought the approval of the Cabinet to grant Landlord’s consent for part of the Phase 1 Development at New Brighton to be amended from the original mixed use development which had ground floor restaurants, cafes, public houses, wine bars or other drinking establishments with apartments above, to a scheme comprising solely of residential apartments.

 

A decision on this matter was in support of the Council’s goal to reduce the running costs of the Council by improving the efficiency and value for money of the Council’s service whilst reducing bureaucracy.

 

The decision would have no immediate impact on revenue budgets.  Any future impact was addressed in the Financial Implications of this report.  This was not a statutory duty.

 

RESOLVED:  That

 

(1)  the Council agrees to amend the lease to Neptune Esplanade Ltd by granting Landlord’s consent to the revised scheme for the Phase 1, Town Square, New Brighton and the Overage Agreement in respect of Phase 1, subject to the requisite consent of the funder (North West Development Agency) being obtained; and

 

(2)  the Council approves the necessary amendments to the Development Agreement with Neptune Wirral Ltd to reflect the revised scheme for Phase 1, Town Square, New Brighton, subject to the requisite consent of the funder (North West Development Agency) being obtained.