A Deed of Variation to the Operator Agreement is required to transfer the lease of two additional landholdings to further develop the facility; and to enable the Cyclopark Trust to draw down an annual sum allocated for the upkeep of this land.
Decision type: Non-key
Decision status: Recommendations Approved
Division affected: Gravesend East;
Notice of proposed decision first published: 24/11/2015
Department: Growth, Environment & Transport
Contact: Theresa Bruton, Head of Regeneration Projects 03000 417034 and 03000417179 Email: theresa.bruton@kent.gov.uk Tel: 01622 221957, David Smith, Director of Economic Development Email: david.smith2@kent.gov.uk Tel: 0774 389 4252.
Consultation process
Financial Implications
With the second tranche of HA land to be leased to Cyclopark the Trust will have access to the
additional commuted sum to support the maintenance needs. This will
be in the region of £35,000 per annum to be agreed annually
based on need.
An allocation from KCC’s MTFP of £120,000 per annum for
the three year period to March 2015, is repayable within 18 months
of the final payment should the Operator’s budget demonstrate
a sustained and robust position and subject to not having any
materially detrimental effects on the operation of Cyclopark.
The Deed of Variation and appropriate lease arrangement will be
dealt with through KCC Legal Services and the Legal representatives
of Cyclopark Trust.
There are no Equality implications for the decision other than to
continue to ensure provision for the wider community.
Consultees
A full programme of community and stakeholder consultation was
undertaken in establishing the Cyclopark Project. The Deed of Variation formalises
next stages in the planned delivery and development of the
project.
Cyclopark falls within the Gravesham
Rural Ward and the Local Member Mr Brian Sweetland’s views will be sought.
The GEDC Cabinet Committee will consider the decision at its meeting on 1 December
Financial implications: Thresa Bruton Head of Regeneration Projects 03000417034 David Smith Director of Economic Development 03000417179
Legal implications: 15/00088