Re: Wakefield & District Community Trust Statement : Thu Apr 13, 2017 12:17 pm  

TRB wrote:

The dynamic of the Trust has changed substantially over the past few weeks. I can't think why that is???

Re: Wakefield & District Community Trust Statement : Thu Apr 13, 2017 12:20 pm  

Well done to all involved. This sounds the most promising news in ages

Re: Wakefield & District Community Trust Statement : Thu Apr 13, 2017 12:23 pm  

Guys, While I see this as a change in direction by both parties and what looks like to me is more of another delaying tactic, I do hope your confident in the statement the WMDC has given out to us hope, its been mentioned on here we should have a time scale besides the sq footage to kick start this stadium

Re: Wakefield & District Community Trust Statement : Thu Apr 13, 2017 12:39 pm  

Interesting points from Andrea Jenkins. https://twitter.com/andreajenkyns/statu ... 1743278081

Interesting points from Andrea Jenkins. https://twitter.com/andreajenkyns/statu ... 1743278081

Re: Wakefield & District Community Trust Statement : Thu Apr 13, 2017 12:40 pm  

snowie wrote:

Guys, While I see this as a change in direction by both parties and what looks like to me is more of another delaying tactic, I do hope your confident in the statement the WMDC has given out to us hope, its been mentioned on here we should have a time scale besides the sq footage to kick start this stadium

'The devil isn't in the detail'.

Re: Wakefield & District Community Trust Statement : Fri Apr 14, 2017 3:43 pm  

It's interesting that Castleford Tigers Ltds new stadium has to be built first, before any units, to my knowledge there's no Sqm trigger involved in their S106. Ill stand being corrected but I am pretty sure I'm correct.

With this in mind I don't think opits out of order to request a time based trigger for Newmarket.

Re: Wakefield & District Community Trust Statement : Fri Apr 14, 2017 3:59 pm  

I admire your optimism Avenger, but don't you think that the council and developer will have covered all these angles in their clandestine, behind-closed doors, non-minuted meetings ??.
As I said on the other thread, I don't believe that either party is the least bit inclined to progressing development on the Newmarket site to the 60,000 sq. metre trigger point.

Re: Wakefield & District Community Trust Statement : Fri Apr 14, 2017 4:15 pm  

FIL wrote:

I admire your optimism Avenger, but don't you think that the council and developer will have covered all these angles in their clandestine, behind-closed doors, non-minuted meetings ??.
As I said on the other thread, I don't believe that either party is the least bit inclined to progressing development on the Newmarket site to the 60,000 sq. metre trigger point.

Then the time banded clause should force the Developer to relinquish his rights to develop the land to another developer who adopts the stadium responsibilities. At that point there should be an agreed upon financial contribution made by Yorkcourt from the profits they've made out of the Newcold or any other build.

Re: Wakefield & District Community Trust Statement : Fri Apr 14, 2017 4:25 pm  

The Avenger wrote:

Then the time banded clause should force the Developer to relinquish his rights to develop the land to another developer who adopts the stadium responsibilities. At that point there should be an agreed upon financial contribution made by Yorkcourt from the profits they've made out of the Newcold or any other build.

Firstly why would Yorkcourt agree to that, there is no legal requirement for them to do so. And secondly a development that has already got 40,000m2 built on and a requirement of a £9million hole in any future profit is hardly going to be a tempting buy for another developer.

Re: Wakefield & District Community Trust Statement : Fri Apr 14, 2017 4:45 pm  

Sacred Cow wrote:

Firstly why would Yorkcourt agree to that, there is no legal requirement for them to do so. And secondly a development that has already got 40,000m2 built on and a requirement of a £9million hole in any future profit is hardly going to be a tempting buy for another developer.

Depends I suppose. Excellent transport links on greenbelt land that wouldn't have been available but for that £9m hole.