Re: Objections by 29th September Please! : Mon Sep 10, 2018 4:22 pm  

I think it was an offer from Michael Carter to pay the interest and the council get the money back from the developer to pay off the capital. A free loan in terms of the public purse.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 5:06 pm  

Khlav Kalash wrote:

I think it was an offer from Michael Carter to pay the interest and the council get the money back from the developer to pay off the capital. A free loan in terms of the public purse.

That's how I remember it too. Despite the fact that IF WMDC had fully backed the NM scheme / re-vamped BV (freeing up additional land at NM) and it not actually costing WMDC a penny (just relying on them to ensure that NM went ahead as agreed, I'm not sure that it went down well within Box's inner circle.

Re: Objections by 29th September Please! : Mon Sep 10, 2018 6:13 pm  

Fordy wrote:

I'm not a developer and I admit to having absolutely no idea how much YC can expect to make out of various developments on the site but surely the simple adjustment to the formula is to make it dependent not on filling the entire site but on the previously agreed trigger point.

C=(F/Tr) *S
Where:
C = The amount of the contribution
Tr = Agreed trigger point approved under 10/00225/OUT (60,000m2)
F = Floor Area Proposed under application 18/01169/FUL (6,000m2)
S = Approximate Build costs for the Community Stadium Approved under 10/00225/OUT (C. £19,000,000)

So this particular build would contribute
C= (6000/60000) * £19M = £1.9M

Good idea Fordy but we need to add back in the Newcold development which we believe should have contributed to the trigger so :

C = 46,000/60,000 * £19m = £14.56m

Only an approximate figure but we are nearly there.

Re: Objections by 29th September Please! : Tue Sep 11, 2018 8:26 am  

Ill be tuning into the council cabinet meeting today at 10:30 to see if Box has anything to say about the issue, if he does ill post it on here.

Re: Objections by 29th September Please! : Tue Sep 11, 2018 8:50 am  

Droopy wrote: Ill be tuning into the council cabinet meeting today at 10:30 to see if Box has anything to say about the issue, if he does ill post it on here. For anybody interested http://www.wakefield.gov.uk/councillors ... r-meetings Doubt it's on the agenda though

Droopy wrote: Ill be tuning into the council cabinet meeting today at 10:30 to see if Box has anything to say about the issue, if he does ill post it on here. For anybody interested http://www.wakefield.gov.uk/councillors ... r-meetings Doubt it's on the agenda though

Re: Objections by 29th September Please! : Tue Sep 11, 2018 9:07 am  

coco the fullback wrote: For anybody interested http://www.wakefield.gov.uk/councillors ... r-meetings Doubt it's on the agenda though It isnt on the agenda but there is a part of the meeting to address urgent topics or things not on the agenda that Box feels needs addressing. Im expecting the usual 'we are doing all we can' nonsense.

coco the fullback wrote: For anybody interested http://www.wakefield.gov.uk/councillors ... r-meetings Doubt it's on the agenda though It isnt on the agenda but there is a part of the meeting to address urgent topics or things not on the agenda that Box feels needs addressing. Im expecting the usual 'we are doing all we can' nonsense.

Re: Objections by 29th September Please! : Tue Sep 11, 2018 10:03 am  

Droopy wrote:

It isnt on the agenda but there is a part of the meeting to address urgent topics or things not on the agenda that Box feels needs addressing.

Im expecting the usual 'we are doing all we can' nonsense.

Nothing....

Re: Objections by 29th September Please! : Tue Sep 11, 2018 11:37 am  

Our 100% competent and trust worthy council will already be all over this issue guys. No doubt trying their damnedest to get the best possible deal for the citizens of Wakefield, don't you worry about it....

Re: Objections by 29th September Please! : Tue Sep 11, 2018 12:06 pm  

Jizzer wrote:

Our 100% competent and trust worthy council will already be all over this issue guys. No doubt trying their damnedest to get the best possible deal for the citizens of Wakefield, don't you worry about it....

Did you just see the same pig flying past your window as well?

Re: Objections by 29th September Please! : Tue Sep 11, 2018 2:09 pm  

homme vaste wrote:

Did you just see the same pig flying past your window as well?

Certainly did