Decision details

On 23rd March 2017 Executive considered a report regarding the redevelopment of the site known as Marketfield Way, Redhill.

Executive agreed:

(ii) That the Head of Property be authorised to progress Stage 3 of the Marketfield Way project, in accordance with the strategy set out in the Executive report dated 26 February 2015 and updates set out in this report, and bring forward the development, retaining the commercial elements and selling or letting the individual residential units on the open market at completion of the development

(iii) That the Marketfield Way project be progressed in accordance with the updated financial parameters set out in the exempt report in Part 2 of this agenda, including further land assembly, appointment of construction consultants, appointment of construction building contractors, placement of contracts to move statutory services on site, and conclusion of pre let arrangements;

On 2nd July 2020 Commercial Ventures Executive Sub Committee agreed:

That delegations previously authorised to the Head of Property in all previous
reports to Executive, in relation to Marketfield Way, are now made by the
Head of Place Delivery.

The Council needs to enter into a lease for a new electric sub station for Marketfield Way.

I being the Head of Place Delivery authorise the execution of the lease with Last Mile Electricity Limited for an electric sub station for Marketfield Way.

To provide an electricity sub station for the Marketfield Way development.

To not enter into the lease which would mean inadequate servicing for the development.