{meta} Agenda for Property / Regeneration Briefing on Monday, 23 August 2021, 3.00 pm

Agenda and decisions

Property / Regeneration Briefing - Monday, 23 August 2021 3.00 pm

Venue: 100 Embankment - Cathedral Approach, Salford, M3 7NJ. View directions

Contact: Mike Relph, Senior Democratic Services Advisor 

Items
No. Item

1.

Apologies for absence

2.

Declarations of interest

3.

Items for Decision - Part 1 (Open to the Public)

4.

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.

4a

Land at Ontario Basin - Agreement for Lease Followed by Lease and Option to Purchase (see item 6(a)) pdf icon PDF 270 KB

5.

Exclusion of the Public

6.

Items for Decision - Part 2 (Closed to the Public)

6a

Land at Ontario Basin - Agreement for Lease Followed by Lease and Option to Purchase pdf icon PDF 235 KB

Additional documents:

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 provisionally agreed Heads of Terms to the Agreement for Lease followed by Lease on the Phase 1 land at Ontario Basin, Salford Quays.

 

2.    Approve the provisionally agreed Heads of Terms to the Option to Purchase over the Phase 2 land at Ontario Basin, Salford Quays.

 

3.    Authorise the City Solicitor to progress and complete the associated legal formalities and the taking of all steps required to give effect to the above recommendations.

 

The Reasons are on the 11th January 2021 the City Council agreed to enter into a Memorandum of Understanding Agreement and Exclusivity Agreement with the proposed purchaser with the objective of collaboratively formulating development proposals for land at Ontario Basin, Salford Quays. The approvals detailed above will allow that objective to be deliverd.

 

Assessment of Risk: Medium

 

Source of funding:  n/a

 

Legal Advice Obtained: David Wilcock, City Solicitor. Tel: 0161 234 3115.

 

Procurement Advice Obtained: n/a

 

Financial Advice obtained:  Chris Mee - Strategic Finance Manager

 

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 23 August 2021

 

Contact Officer:        Andrew Cartwright               Tel No 0161 779 6074

 

 

 

This decision is not subject to consideration by another Lead Member /Strategic Director

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

 

 

Signed: Councillor Tracy Kelly

Deputy City Mayor

Date: 23 August 2021.       

 

 

This decision was published on Monday 23 August 2021.

This decision will come in force at 4.00 pm on Tuesday 31 August 2021 unless it is called-in in accordance with the Decision-Making Process Rules.

 

7.

Any other business