Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Consider a request from Council to review the appointment of an indemnity partner and appointment of specialist legal and other advice to undertake a review.
Cabinet Agreed the following:
1. The recommendation from Council on the 21st May 2015 to review its position in relation to the Manston Airport site, taking account of all the surrounding circumstances relating to an indemnity partner for a possible Compulsory Purchase Order;
2. To authorise that specialist legal and finance advice be obtained to determine whether RiverOak are a suitable indemnity partner in relation to a CPO for Manston Airport and to provide advice on the indemnity agreement and CPO process generally.
To secure the necessary legal and finance advice.
Alternative was to not accept the recommendation from Council.
Publication date: 16/07/2015
Date of decision: 14/07/2015
Decided at meeting: 14/07/2015 - Cabinet
Effective from: 24/07/2015
Accompanying Documents: