Thursday, 16 December 2010

China Gateway update

"The Company is pleased to announce that it has agreed additional funding from Israel Discount Bank (IDB), covering all its existing properties at Manston Business Park, Thanet; Western Heights, Dover; and Farthingloe Great Farm, Dover.

The funding will remain in place until 30th November 2011 on a profit share basis.

The facility will enable the Company to obtain a signed Section 106 agreement on part of the Company's land holding at Manston and conclude the resolution to grant planning."

Well that’s what they have announced, I am a bit mysified about how extra funding can lead to the signing of a 106 agreement.

Further info http://www.michaelsbookshop.com/drink/id36.htm

http://thanetonline.blogspot.com/search/label/China%20Gateway

Plans at http://www.ukplanning.com/thanet ref F/TH/05/1410
at

3 comments:

  1. Tim ClarkDecember 16, 2010 8:30 pm

    Michael
    Another mystery then. And I note that the funding is only for one year

    ReplyDelete
  2. Michael ChildDecember 16, 2010 8:57 pm

    Andrew I have put a couple of links up on the post with a bit of background info, the main problems relate to protecting Thanet’s water supply, both in terms of potential contamination risks and reducing the area of ground available for replenishment by rainfall.

    ReplyDelete
  3. Tim ClarkDecember 16, 2010 10:28 pm

    Thanks, I'll have a proper look tomorrow

    ReplyDelete

Comments, since I started writing this blog in 2007 the way the internet works has changed a lot, comments and dialogue here were once viable in an open and anonymous sense. Now if you comment here I will only allow the comment if it seems to make sense and be related to what the post is about. I link the majority of my posts to the main local Facebook groups and to my Facebook account, “Michael Child” I guess the main Ramsgate Facebook group is We Love Ramsgate. For the most part the comments and dialogue related to the posts here goes on there. As for the rest of it, well this blog handles images better than Facebook, which is why I don’t post directly to my Facebook account, although if I take a lot of photos I am so lazy that I paste them directly from my camera card to my bookshop website and put a link on this blog.