Support has been given to going forward with regeneration plans for the former Pleasurama site in Ramsgate.At a meeting of the council's Cabinet last night (Tuesday 16 June), members agreed to support proceeding with the development agreement for the site.
The decision came after officers reported that the council has obtained a variety of assurances from the developer about the investment funding for the project. Members were told that the information and assurances given by the developer meant that the risk to the council had been significantly reduced.
Cllr. Roger Latchford, Cabinet Member for Regeneration and Economic Development, said: " This is an important site for the regeneration of Ramsgate and that's why the council asked for confirmation that the funding was in place to secure this development. Cabinet Members felt that we had received sufficient reassurances to enable this project to go ahead, although the final decision on this rests with all councillors."
The matter will be now be referred to a meeting of full Council, where a final decision will be made.
Whoops
ReplyDeleteLike watching a train crash in slow motion.