Purpose

The Cabinet will be asked to consider
proposals relating to the potential future use of a Compulsory
Purchase Order (CPO) to support the continuing development at
Stockport Exchange.

Content

The Cabinet has
considered a report setting out a request to use compulsory
purchase powers to acquire the land and buildings comprising 72 /
74 Wellington Road South to enable the delivery of Phases 6 and 7
of the Stockport Exchange regeneration scheme, and has:-
 
(1) Approve, in
principle, the use of compulsory purchase powers, to acquire all
the necessary interests in the Site.
 
(2) Approve the taking
of all necessary steps/the carrying out of all necessary work
required to establish a case for the making of a CPO, and the
preparation of all necessary CPO documentation, including securing
the appointment of suitable external advisors.
 
(3) Approve the
continuance of voluntary negotiations with the Landowner, and
anyone else with an interest in the Site, in parallel with the
preparation of CPO documentation;
 
(4) Note that a
further report will be presented to the Cabinet to approve the
making of any CPO following the finalisation of the necessary
preparatory work and CPO documentation;
 
(5) Delegate to the
Assistant Director of Legal and Democratic Governance and the
Deputy Chief Executive authority to do all things necessary or
incidental to the implementation of the above-mentioned
resolutions.
 
(NOTE: Appendices to
this report contained information ‘Not for Publication’
which was circulated to members of the Cabinet only).