Issue details

19/00044 - Kings Hill: Joint Venture Development Agreement between Kent County Council and Liberty Property Trust UK. Calibrated land disposal programme for residential development including: Phase 3 (Areas 2,3,4,5,6,7,8,9,) and Phase 5 (Areas 5.1,5.

The Cabinet Member for Corporate and Democratic Services agrees to delegate authority to the Director of Infrastructure to finalise terms and enter into all the necessary documentation to complete the disposal of all identified land parcels required for the calibrated land disposal programme within the Kings Hill development partnership scheme, in consultation with the Cabinet Member for Corporate and Democratic Services and the Cabinet Member for Economic Development.

 

This decision relates only to the land identified within the Kings Hill Development Agreement 1989 and subsequent Deeds of Variations.

 

Decision type: Key

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

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

Division affected: Malling Rural East;

Notice of proposed decision first published: 20/05/2019

Anticipated restriction: Part exempt  -

Decision due: Not before 19th Jun 2019 by Cabinet Member for Corporate and Democratic Services
Reason: In order that the proposed decision can be published for a minimum of 28 days, in accordance with statutory requirements

Lead member: Cabinet Member for Corporate and Democratic Services

Lead director: Rebecca Spore

Department: Strategic & Corporate Services

Contact: Matt Hyland, Project Co-ordinator – Kings Hill Tel: 03000 417102 Email: matt.hyland@kent.gov.uk.

Consultees

The matter was discussed at the Policy and Resources Cabinet Committee meeting on 13 June 2019.

 

The views of the local Member were sought.

Financial implications: KCC’s share of the returns from the partnership is re-invested into KCC’s service delivery to support the Medium-Term Financial Plan.

Legal implications: The Kings Hill Development Agreement 1989 requires KCC to release the land to facilitate the partnership’s agreed aims.

Equalities implications: N/A.

Decisions

Agenda items