Decision details

Further to Minute No. 85 of the meeting of the Cabinet Member - Regeneration held on 16 December 2009, the Cabinet considered the report of the Housing Market Renewal Director which sought approval to grant a 250 year lease to the Keepmoat Property Ltd, part of the Keepmoat Group for the sale of 50-64 Stanley Road, Bootle and to jointly fund the construction of twelve apartments for social rent and the 5694 sq. ft. of retail space.

RESOLVED:   That

(1)            approval be given to the granting of a Development Licence to the Keepmoat Property Ltd. for the site of 50-64 Stanley Road, Bootle in order to carry out the development of twelve apartments for social rent, and 5694 sq. ft. of retail space;

(2)            approval be given to the granting of a 250 year ground lease for the site at 50-64 Stanley Road to Keepmoat Property Ltd. upon the successful completion of the scheme; and

(3)            approval be given to the use of £885,152 of Housing Market Renewal grant funding in order to jointly fund the construction of the scheme.