| Item | Description | Resolution |
|---|---|---|
| PART 2 - PRIVATE | ||
| MATTERS FOR RECOMMENDATION TO THE COUNCIL | ||
| CB 13/071 |
Tonbridge Town Centre (Reason: LGA 1972 Sch 12A Para 3 - Financial or business affairs of any particular person) |
The report of the Management Team sought approval of the terms of an agreement with Sainsbury's for the redevelopment of the Botany Quarter of Tonbridge. A presentation was given, updating progress since the Council's endorsement of Heads of Terms on 14 February 2013 (Minute C 13/027). Representatives of DAC Beachcroft Solicitors and BPS Surveyors, part of the team of external specialist advisers, attended the meeting to assist officers in answering Members' questions. Minor adjustments were requested in respect of the title of the agreement and inclusion of disabled access within the definition of the footpath easement. An outline was given of the projected timetable for the project including the arrangements for the public exhibition in September 2013. The Cabinet recorded thanks to the Management Team and all involved for their hard work in progressing the project. RECOMMENDED: That (1) the Director of Planning, Housing and Environmental Health and the Director of Central Services be authorised to (i) conclude negotiations with Sainsbury's in relation to the car parking management provisions and performance specification to be comprised within the lease to Sainsbury's; (ii) pursue the acquisition of registered title to the area of land shown hatched black on the plan attached at Annex 4 to the report; and (2) the Council authorise the Director of Central Services to complete the agreement on terms substantially as set out at Annex 2 to the report (subject to the adjustments referred to above) together with all necessary agreements in order to implement the proposals, including the lease to Sainsbury's (as set out at Annex 5 to the report) and the short-term lease of the Angel Centre (as set out at Annex 7 to the report). *Referred to Council |