Issue - items at meetings - Holes Bay site Poole

To seek agreement for the Council to purchase the former power station site according to the defined terms set out in the report. A potential purchase is proposed based on negotiations with the landowner and with support from both Homes England and the Dorset Local Enterprise Partnership (DLEP).

RESOLVED that Cabinet:-

(a) Agrees that the site is acquired on the acquisition proposal set out in this report for the consideration detailed in the confidential part at appendix 1 of this report (site indicatively edged red on the plan attached at appendix 2);

(b) Agree in principle to accept the £5m Dorset Local Enterprise Partnership (DLEP) grant (with its associated terms and conditions) to part fund the acquisition of the site, with delegated authority to the Section 151 Officer;

(c) Agree that plans are developed promptly following acquisition to bring the site forwards, with a further report to Cabinet/Council seeking approval on the associated investment decisions, revenue implications and proposed detailed delivery model;

(d) Agree that a project team for this site be formally established as part of the Poole Regeneration Board framework within existing resources to drive the project forward and ensure appropriate governance; and

(e) Delegate authority to the Corporate Property Officer to complete the acquisition and all associated property transactions to prepare the site for development.

RECOMMENDED that Council:-

Amend the Capital Programme to include provision for this purchase, to be funded by prudential borrowing, on the basis set out in the confidential report.

Voting: Unanimous

Portfolio Holders: Housing

Regeneration and Culture

Reason

To facilitate the acquisition of this key brownfield site in order to ensure the timely delivery of much needed housing and create a new and vibrant community in Poole.

The Portfolio Holder for Regeneration and Culture presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'H' to these Minutes in the Minute Book.

Cabinet agreement was sought for the Council to purchase the former power station site according to the defined terms set out in the report. In relation to this Cabinet were advised that a potential purchase was proposed based on negotiations with the landowner and with support from both Homes England and the Dorset Local Enterprise Partnership (DLEP).

As set out in Minute No. 163 a public statement was received in relation to this item from Mr Michael Hancock of Harbour Ambition, the statement was read out by the Democratic Services Officer and a copy of which has been published on the Councils website.

In addition the Portfolio Holder advised that a question had been received in respect of this item from Councillor White, the question and response have been published on the Councils website as referenced under Minute No. 163.

Cabinet Members spoke in support of the report highlighting the fantastic opportunity this presented.