Stockport Council News

Stockport Council News

Due Diligence

Urban WatersidePosted by Sheila Oliver Tue, June 25, 2013 07:49:58

Dear FoI Officer

http://blogging.sheilaoliver.org/#post254.

Given the Blackstone debacle, has SMBC carried out due diligence checks on Urban Waterside? The potential costs of contamination remediation (if anyone bothers and SMBC didn't bother at the toxic waste primary school) can be huge.

Kind regards

Sheila

FOIA request 7350 - SMBC acknowledged receipt 25/06/13 at 11.45

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Urban Waterside don't appear to have enough money to deal with the expense of contaminated land

Urban WatersidePosted by Sheila Oliver Tue, June 25, 2013 07:44:21

https://www.duedil.com/company/01640583/urban-waterside-limited/financials

I may be wrong, I often am, but like the preferred developers chosen for the Blackstone site, Urban Waterside don't appear to have the finances behind them to deal with complex and potentially very expensive contamination remediation. Again, I stress, I may be wrong.

I shall ask SMBC what sort of financial due diligence in this matter they have exercised (no, please don't laugh).

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More contaminated land - will matters be dealt with properly, or will local people be given cancer for profit?

Urban WatersidePosted by Sheila Oliver Tue, June 25, 2013 07:32:15

Email sent 07.28 on 25/06/13

Dear FoI Officer

Please may I see the contamination report for the planning application by Urban Waterside at Bridge Hall, Stockport.

This is a current issue and should involve no cost to the Council in retrieving this information.

Many thanks and kind regards

Sheila

FOIA request 7349 SMBC acknowledged receipt 25/6/13 at 11.36

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