Chichester District Council
Issue

Issue - meetings

Plot 21 Terminus Road Chichester

Meeting: 14/07/2015 - Council (Item 21)

Plot 21 Terminus Road Chichester

(See report at Agenda item 5 (pages 5 – 18) of the Cabinet papers of 2 June 2015)

 

RECOMMENDED

 

That Option 3 in the Project Initiation Document (PID) be approved as the Plot 21 Terminus Road Redevelopment Project and

(1)  That funding of £66,000 is released from Capital Reserves to enable the demolition and planning matters to be progressed immediately.

 

(2)  That the balance of the estimated total costs set out in section 7 of the PID (Appendix) be released subject to a pre-let agreement being in place delivering a minimum return on investment as set out in section 3.8 of the PID.

 

Minutes:

Mrs Keegan (Cabinet Member for Commercial Services), seconded by Mrs Lintill, moved the recommendation of the Cabinet. She explained that the Council owned the freehold of Plot 21, Terminus Road, Chichester (not to be confused with the proposed Enterprise Gateway site on Plot 12). The Cabinet had approved acceptance of the surrender of a leasehold interest in the site, and the submission of a planning application to demolish and clear the site of buildings and redevelop it business purposes. Cabinet had agreed that £100,000 be released from Capital Reserves to enable the planning application and demolition and site clearance work to go ahead. However, detailed estimates now obtained indicated that these costs, including asbestos removal, would exceed £100,000, and additional budget of £66,000 was required to enable this work to be undertaken. Cabinet had also considered a Project Initiation Document (PID) for the scheme, which set out various options and included an estimate of total costs of a project for the demolition and redevelopment by the Council of the site (option 3). The Cabinet recommended pursuance of this option on the basis of a pre-let agreement being in place for the replacement building, delivering a minimum return of investment, as set out in the PID.

 

Members asked why the need for asbestos removal had not been known earlier, and it was explained that the original estimate had been based on a general survey which had not been invasive and the presence of asbestos came to light only on a full survey being completed.

 

RESOLVED

 

That Option 3 in the Project Initiation Document (PID) be approved as the Plot 21 Terminus Road Redevelopment Project and

(1)  That funding of £66,000 is released from Capital Reserves to enable the demolition and planning matters to be progressed immediately.

(2)  That the balance of the estimated total costs set out in section 7 of the PID (Exempt Appendix to the Cabinet report) be released subject to a pre-let agreement being in place delivering a minimum return on investment as set out in section 3.8 of the PID.


 

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