{meta} Decision - Plot A3 of New Bailey, Salford

Decision details

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

Salford City Council - Record of Decision

 

 

I Councillor Tracy Kelly, Deputy City Mayor, in exercise of the powers contained within the City Council Constitution do hereby:

 

1. Approve the Development Proposal Notice for plot A3 New Bailey submitted by ECf in accordance with the provisions of the Overarching Development Agreement dated 15thDecember 2006.

 

2. Approve the disposal of plot A3 New bailey by way of a long lease and in accordance with the provisions of the Overarching Development Agreement at the agreed land price.

 

3. Approve the proposed allocation (if required) of funds from Development Trust Account.

 

4. Authorise the negotiation and completion of all legal documentation and all steps required to give effect to the above recommendations.

The Reasons are:

English Cities fund (ECf) has submitted a Development Proposal Notice (DPN) in accordance with the provisions of the Overarching Development Agreement for Salford Central in respect of the proposed development of Plot A3 at New Bailey, Salford.

 

The proposal envisages the development of an 11 storey office building with flexible ground floor units with a total area of 114,693sqft. Planning consent for the scheme was secured in February 2021.

 

Assessment of Risk:Low.  The proposed land transaction is the latest of a series of successful phase development by ECf with the Salford Central regeneration area.

 

The source of funding: Not applicable at this stage

 

Legal Advice obtained:  Yes Michelle Brice - Shared Legal Service

                                                                           (Property)

 

Financial Advice obtained:  Chris Mee - Strategic Finance Manager

 

Procurement Advice obtained: There are no procurement implications

 

HR Advice obtained: There are no HR implications

 

Climate Change Advice obtained:  Mike Hemingway - Principal Officer Climate Change

The following documents have been used to assist the decision process:

 

Report to Property/Regeneration Briefing, 12 July 2021

Contact Officers:  Andrew Cartwright - Head of Service Strategic Delivery

                                 James Kington - Head of Strategic Asset Management

 

This decision is not subject to consideration by another Lead Member.

The appropriate scrutiny to call-in the decision is the Growth and Prosperity Scrutiny Panel.                 

 

 

Signed: Councillor Tracy Kelly

Deputy City Mayor

Dated:  12 July 2021                                                    

 

 

This decision was published on Monday 12 July 2021                                            

This decision will come in force at 4.00 p.m. on Monday 19 July 2021                                         unless it is called-in in accordance with the Decision Making Process Rules.

 

Publication date: 12/07/2021

Date of decision: 12/07/2021

Decided at meeting: 12/07/2021 - Property / Regeneration Briefing

Effective from: 20/07/2021

Accompanying Documents: