Decision details

Dreamland Phase 2 Process

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Continue to progress plans to regenerate Thanet District by the opening of a heritage amusement park and centre to support the corporate plan.

 

Decision:

1.  THAT Cabinet gives approval to commence with the process to advertise the area(s) to lease the units documented in paragraphs 2.2.1 through to 2.2.7 to obtain expressions of interest, with a view to progressing through to leasing the areas to achieve the regeneration objectives.

 

2.  THAT Cabinet agrees to the use of the Un-Ring-Fenced Grants Reserve to a sum of £63,000 (ex VAT) in order to progress the plans for the Sunshine Café.

 

Reasons for the decision:

Maximise value from the site and bid to secure up to £1.9m of external government funding.

 

Alternative options considered:

Not to bid for the funding. Rejected as not maximising the Council’s financial interest.

 

Publication date: 01/08/2014

Date of decision: 31/07/2014

Decided at meeting: 31/07/2014 - Cabinet

Effective from: 12/08/2014

Accompanying Documents: