Thanet District Council is the contractual partner of a development agreement dated 2006 and modified in 2009. For various reasons the development has stalled with both parties in dispute over a number of matters. The parties looked set to proceed to the courts where the outcome would be uncertain, so both parties agreed to participate in an arbitration process to aim to seek a practical resolution to getting the site built out. Cabinet are were being advised of the outcome of those discussions and asked to make a decision on the way forward.
Decision type: Key
Reason Key: Expenditure not in budget and exceeds virement rules;
Decision status: Recommendations Approved
Wards affected: Eastcliff Ward;
Notice of proposed decision first published: 17/09/2014
Decision due: 16 Oct 2014 by Cabinet
Lead member: Councillor Rick Everitt, Leader of the Council and Cabinet Member for Strategy and Transformation Cllr-Rick.Everitt@thanet.gov.uk
Contact: Edwina Crowley, Head of Asset Management 01843 577646 Email: edwina.crowley@thanet.gov.uk.
Consultation process
N/A
Consultees
N/A
What the decision will mean: Cabinet to give direction on the Royal Sands development agreement