Issue details

15/00024 - Southborough Hub (property implications)

Following the decision of the Cabinet Member for Community Services to create a Hub at Southborough a further decision will be sought to agree propetry implications arising:
To seek approval to proceed with the disposal of the Ridgeway site in Southborough and the fifty percent claw back over the adjacent land, with part or all of the combined receipts being allocated to support the development of the Southborough Hub.
To seek approval to enter into significant legal agreements including, but not limited to, land options and a partnership agreement.
To seek approval to proceed with the purchase of the Tesco’s and Loyds Bank land as part of the Hub redevelopment.
To seek approval for the Director of Property and Infrastructure Support to be authorised to finalise terms for a freehold or leasehold of the library and football pavilion.
To seek approval for the Director of Property and Infrastructure Support to be authorised to finalise terms for the disposal of the Hub and the Car Park back to Southborough Town council and Tunbridge Wells Borough Council respectively.

This decision relates to:-

 

15/00041 Southborough Hub (inclusion of library) – taken by Cabinet Member for Community Services on 21 April 2015

 

and 17/00069 Southborough Hub (disposal of Residential Land) – can be taken early in 2018.

 

 

Decision type: Key

Reason Key: Expenditure or savings of more than £1m;

Decision status: Recommendations Approved (subject to call-in)

Division affected: Tunbridge Wells North;

Notice of proposed decision first published: 09/02/2015

Decision due: Not before 14th Apr 2015 by Cabinet Member for Corporate and Democratic Services
Reason: In order that the relevant Cabinet Committee can consider the proposed decision before it is taken and the Cabinet Member for Community Services can agree the Hub in principle before the property elements are agreed.

To agree property implications of the should the Cabinet Member for Community Services agree to create a Hub at Southborough

Lead director: Barbara Cooper, David Smith

Department: Strategic & Corporate Services

Contact: Jonathan White, Southborough Project Manager Email: jonathan.white@kent.gov.uk Tel: 01622 696904.

Consultees

The decision will be considered by the Property Sub-Committee on 27 March 2015

Financial implications: Lead officer: Jonathan White, Development and Investment Team, 03000 417198 jonathan.white@kent.gov.uk Lead Director: David Smith, Economic Development, 03000 417716, david.smith@kent.gov.uk

Decisions

Agenda items