Agenda and decisions
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Contact: Mike Relph, Senior Democratic Services Advisor
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Apologies for absence |
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Declarations of interest |
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Items for Decision - Part 1 (Open to the Public) |
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Additional documents:
Decision: Salford City Council - Record of Decision
I Paul Dennett, City Mayor, in exercise of the powers contained within the City Council Constitution do hereby approve:
1. The proposed expenditure of £1,991,550.34 of Section 106 contributions received towards the MCF funded ‘Active Centres, Corridors & Neighbourhoods Project’ in City Centre Salford.; and
2. The intention to allocate future specific Section 106 contributions not yet received totalling £2,146,154.90 (index linked) as Council match funding towards the MCF funded ‘Active Centres, Corridors & Neighbourhoods Project’ in City Centre Salford.
Options considered and rejected were:
1. Subject to the submission/approval of business cases, City Centre Salford MCF scheme delivery funding will be awarded on the basis that the Council is able to make a match funding contribution of £5,555,668. A significant proportion of this, £4,118,342.30 has been identified to come from appropriate S106 contributions. Should this contribution from S106 allocations not be agreed within the Council, this would leave a shortfall which would need to be met from elsewhere in Council budgets. The other alternative for the Council would be to not proceed with delivering the City Centre Salford MCF schemes.
2. A proportion of S106 contributions (£2,146,154.90) is still to be paid by developers in accordance with the timescales established in the specific agreements. Timing of these payments should align with programming of MCF scheme delivery. Delays in the programmed delivery of developments could potentially lead to delays in receipt of S106 payments. In turn, this could leave a shortfall in the Council’s match funding resource, which would need to be met from elsewhere in Council resources until the S106 payments are received. As mentioned in this report, a low risk strategy to match funding was adopted at the time of submitting the MCF funding bids.
3. Since submission of the MCF funding bids, one development is currently on hold at Outwood Wharf Phase 2. Lengthy delays in this development progressing could lead to a potential shortfall in match funding of £288,000, which would need to be met from elsewhere in Council resources.
Section 106 Contributions received to be allocated from the development(s) at:
§ £492,878.92 from Wilburn Street Basin (Section 106 Ref: 293 - 14/64851/FUL) § £498,000.00 from Dandara Chapel Street (Section 106 Ref: 312 - 14/65224/FUL) § £274,421.81 from Trinity Riverside (Section 106 Ref: 323 - ... view the full decision text for item 3a |
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Additional documents: Decision: Salford City Council - Record of Decision
I Paul Dennett, City Mayor, in exercise of the powers contained within the City Council Constitution do hereby approve:
1. Proposals for the Chapel Street East Phase 1 Mayor’s Challenge Fund scheme;
2. The proposed allocation of Section 106 contributions totalling £305,720 and local third-party contributions totalling £190,000 as Council match funding towards the Chapel Street East Phase 1 scheme;
3. That the scheme should be procured in accordance with the Council’s Contractual Standing Orders through an existing Framework using the proposed procurement route set out in this report;
4. The delegation of authority to the Strategic Director Place, in consultation with the S151 officer, to submit the Full Business Case (FBC) to the Greater Manchester Combined Authority (GMCA) for review; and
5. The delegation of authority to the Strategic Director Place, in consultation with the S151 officer, to draft and approve the Grant Funding Agreement (GFA) between Salford City Council, Transport for Greater Manchester (TfGM) and the GMCA.
Options considered and rejected were:
The following key project risks have been identified: -
1. A tendered cost for the scheme is required when submitting a Full Business Case (FBC). Without an FBC approval grant funding will not be approved for construction of the scheme.
2. Subject to the submission/approval of business cases, scheme delivery funding will be awarded on the basis that the Council is able to make a match funding contribution of £495,720. A significant proportion of this (£305,720) has been identified to come from already received S106 contributions with a further £190,000 expected to come from local third-party match funding. Should the contribution from S106 allocations and local match not be agreed within the Council, this would leave a shortfall which would need to be met from elsewhere in Council budgets. The other alternatives for the council would be to not proceed with delivering the scheme.
3. The local match funding of £190,000 has been agreed in principle with English Cities Fund with discussions underway to secure this funding. If the match funding is not agreed or reduces this could leave a shortfall in the Councils match funding resource, which would need ... view the full decision text for item 3b |
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Public Briefing Items The following items are for the primary purpose of providing members of the public with all relevant information on the respective matters, other than those elements, which in accordance with the relevant sections of the Local Government Act 1972, remain confidential and require that any arising decision is taken in Part 2 of the agenda. |
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City of Salford Stadium - Land Disposals (see item 6(a)) Additional documents: |
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Exclusion of the Public |
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Items for Decision - Part 2 (Closed to the Public) |
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City of Salford Community Stadium - Land Disposals Decision: Salford City Council - Record of Decision
I Paul Dennett, City Mayor, in exercise of the powers contained within the City Council Constitution do hereby:
1. Give consent in the City Council’s capacity as chargee, to The City of Salford Community Stadium Limited’s freehold disposal of land forming plots 5A, 5B and 9 at the stadium site, with the receipt from the sale (net of costs and allowances for abnormals) paid to the Council.
2. Give consent to the Council (1) releasing (in part) the restrictive covenant restricting the stadium land use and (2) removing the restriction on the title protecting that restrictive covenant for the above plots, to allow for the change of use to logistics thereby permitting the plot sales to complete.
3. Give consent to the Council releasing the charge in part on the above plots after receipt of the proceeds of sale, and
4. Authorise that the Shared Legal Service to conclude all documentation necessary to give effect to the consent in 1, the release of covenant and removal of the restriction on title in 2, and the release of charge in part in 3.
The City Council has the benefit of a charge over land owned by The City of Salford Community Stadium Limited (CoSCoS) which was put in place as security against a loan granted by the Council to CoSCoS in 2010. The loan is paid back from capital receipts generated from sales of development plots of the charged land.
CoSCoS has now approached the Council with details of terms which have been agreed with a purchaser for 14.6 acres of land.
Options considered and rejected were: Not to proceed with the land disposals
Legal Advice obtained: Michelle Brice Shared Legal Service (Property) Financial Advice obtained: Chris Hesketh - Head of Financial Management Procurement Advice obtained: N/A
HR Advice obtained: N/A Climate Change Advice obtained: N/A
The following documents have been used to assist the decision process: Public briefing report submitted to Property/Regeneration Briefing on 22 February 2021 Contact Officer: James Kington - Head of Strategic Asset Management Telephone number: 07306332335
This decision was published on Monday, 22 February 2021 This decision will come in force at 4.00 p.m. on 1 March 2021 unless it is called-in in accordance with the Decision Making Process Rules.
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Any other business |