162 Key Decision 47 - South Macclesfield Development Area PDF 390 KB
To consider a report on the progress of the South Macclesfield Development Area
Minutes:
Consideration was given to a report of the Interim Strategic Director of Places and Organisational Capacity on the development of the South Macclesfield Development Area.
The report detailed progress with the masterplanning consultancy work that had commenced last year, particularly in relation to phasing of planning and development and the options for the wider delivery strategy.
The Council had been in informal dialogue with landowners in respect of the acquisition of interests in other sites located within the South Macclesfield Development Area. No offers had yet been made but progress within the planned timescale and a requirement to ensure that market interest was captured would require imminent acquisition of certain interests.
RESOLVED:
1 That the progress in identifying options and delivery strategy for the development of the South Macclesfield Development Area site in Maccelsfield be noted.
2 That the Interim Chief Executive or their identified nominee, in consultation with the Cabinet Member for Prosperity and Economic Regeneration, after taking advice from the Monitoring Officer and Chief Finance Officer or their identified nominee(s), be given delegated authority to acquire options or interests in additional land in the area known as the South Macclesfield Development Area which is not already in the Council’s ownership.
3 That any acquisitions in 2 above must be in accordance with the Council’s Budgetary and Policy Framework, or any other Cabinet or Regulatory Committee Policy.
4 That the acquisition or interests be funded from the Council’s Capital Programme.
5 That when appropriate the use of additional Capital Programme Funding be subject to the scrutiny and endorsement of the business case by the Technical Enabler Group and the Executive Monitoring Board.