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13 April 2015
WelcomeOverview presentation
Designs presentationQ&A
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Apolitical meeting Stakeholder engagement Background Work to date Specification Public consultation Call Options Memorandum of Understanding Legals Finances Timeline
Long term aspiration◦ Theatre/Hall◦ Community space◦ Football pavilion◦ Library◦ Council offices◦ More?
Involves partners Create a strong community in
Southborough Regenerate the high street
Master planning – Allies Morrison Legals
◦ Memorandum of Understanding◦ Call options
High level specification Designs – Options Surveys
Based on the Memorandum of Understanding and Call Options
Concept designs complete (input from stakeholders to change the designs will follow once agreements are signed and partner funding is released)
Feedback on every aspect required
Consultation to happen once detailed specification of both options is finalised.
Why are we looking to engage? What factors partners will consider? How partners can consult?
Call Option - tool which enables partners to agree terms for acquiring land or property at a later date. This provides certainty to both partners going forward.
Call options are used when partners do not necessarily want to acquire the land immediately.
KCC is looking to enter into identical call options with both STC and TWBC to be able to call on their land when necessary.
Once the Hub is built STC gets back the Hub land
Call options will cover
The Royal Victoria Hall (STC land)Football pavilion land (STC land)Enabling development land including pitches (STC/KCC)Yew Tree Road car park (TWBC)137 London Road (TWBC)Toilets adjacent to the Tesco land (TWBC)Not covered by a call option but still part of the scheme – Ridgeway buildings (KCC)Not covered by a call option and not contributing to the scheme – the old library building (KCC)
What will happen when KCC calls the land?
Football pitches could continue to be used137 London Road will be leased to STC so that they can continue to operate from the councils officesYew Tree road car park will remain open and continue to serve the townKCC would give three months notice prior to needing the land for the developmentAfter five years if KCC has not been able to deliver the project everything reverts back to how it was
Sets out the proposed governance for the scheme
Sets out the requirements for what is to be delivered (theatre, football pavilion, etc…)
Is not legally binding but leads to a Development Agreement which is legally binding
Puts in place a project board with three elected members, one from each council.
Elected members will be:◦ STC Chairman◦ TWBC Cabinet Member for Communities and Wellbeing◦ KCC Cabinet Member for Community Services
Project BoardSTC TWBC KCC
Councils decision making
processes
Project teamSTC TWBC KCC
Voting is by majority (under certain circumstances casting vote to KCC if deadlock)
Project Board would be supported by officers Subject to agreement by the project board, it maybe
possible to allow additional persons to attend e.g. other Cllrs, stakeholders etc… but they will not be permitted to vote.
Any issues between the partners can be resolved by independent expert determination
The MoU and the call options will be signed at the same time
The MoU is not intended to answer every question and there is still a lot of detail that needs to be worked through and this will follow in the Development Agreement
This is not a takeover by KCC, more about using partners strengths
KCC will bring know-how, capacity, ability to take risk, potential VAT benefits etc…
Neither the MoU nor the Call Options will predetermine what happens to the RVH or what option will be pursued in the future
Spend to date £75k (£25k from each partner)
Subject to call options/ MOU being signed £70k from each partner will be required Work can then progress
