248 50 - 64 Stanley Road, Bootle PDF 80 KB
Report of the Housing Market Renewal Director
Minutes:
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.
85 50 - 64 Stanley Road, Bootle PDF 80 KB
Report of the Housing Market Renewal Director
Minutes:
The Cabinet Member considered the report of the Housing Market Renewal Director that sought authority to grant a 250-year lease to the Keepmoat Property Ltd, part of the Keepmoat Group for the 50-64 Stanley Road site, and to jointly fund the construction of twelve apartments for social rent and the 5694 sq ft of retail space.
RESOLVED: That Cabinet be recommended to:-
(1) approve the granting of a Development Licence to the Keepmoat Property Ltd. for the 50-64 Stanley Road site in order to carry out the development of twelve apartments for social rent, and 5694 sq ft of retail space;
(2) approve the granting of a 250-year ‘ground lease’ for the 50-64 Stanley Road site to Keepmoat Property Ltd. upon the successful completion of the scheme; and
(3) subject to (1) and (2) above, approve the use of £885,152 of HMR grant funding in order to jointly fund the construction of the scheme.