We spoke to Laura Sandys MP, who represents Thanet South.
Cabinet Members are to consider a report next week (Thursday 11 December) which recommends that no further action be taken at the present time on a compulsory purchase of Manston Airport.
The recommendation follows a soft-market testing exercise carried out by the council which failed to identify a suitable indemnity partner - a third party who would cover all the costs of a CPO.
Without the finances to pursue a CPO in its own right, the council has been clear that compulsory purchase of the airport could only be considered if there was an appropriate financial partner.
A potential indemnity partner needed to provide assurance that if a decision was made to pursue a CPO, a viable airport could come into sustainable long-term operation as quickly as reasonably possible – without any residual cost to the council. As such the council needed to identify a partner who could cover the costs of both purchasing the site and completing the development.
As part of the soft market testing exercise, the council has not identified any suitable expressions of interest that fulfil the requirements of the council for a CPO indemnity partner.
Protesters who are fighting against the re-development of Manston airport will present a petition ahead of a full council meeting this evening. Nearly 8 thousand people have signed the 'No to Houses Petition'. The airport closed in May.
Interview with Cllr Iris Johnston, Leader of Thanet council on the Manston sale.
Reaction from campaigners who still want to see an airport at Manston - and from those who support the new plans. We speak to Dan Rivers from Save Manston; MP Sir Roger Gale, Susan Kennedy from Manston Pickle and Thanet council leader Iris Johnston.
Regeneration specialists Trevor Cartner and Chris Musgrave have bought the former Manston Airport site. Our report is from Sarah Saunders,
We spoke to Chris Musgrave who is the new owner of Manston Airport.
"The council is already part-way through a process to review whether compulsory purchase of the site is a viable option following a petition presented to the council on 10 July.
The outcome of a soft-market testing exercise to identify suitable indemnity partners to cover all of the associated costs of a CPO will be taken to Cabinet on Thursday 16 October.
The council will then undertake a wider review of the options for the site and as part of this would seek further details from the new site owners to understand more about their proposal.
A report outlining all of the options for the future of the privately-owned site will then be brought to a Full Council meeting for all 56 Councillors to consider.
The council has been clear that a CPO will not go ahead unless there is evidence of the economic viability of the site operating as an airport and a suitable investor identified to cover all of the costs required."
"My own position, which remains as before and which I have stated in terms to Mr. Cartner, is that I believe that it is in both the national and the local interest for Manston to remain open as an airfield, that if he wishes to pursue that route alongside airport related industries then he will have my support and that if he wishes to tear up the airfield and smother the land in industrial premises that can and should be located elsewhere in Thanet, or to assist Ms. Gloag in the realisation of her plan to create a significant housing development , then I shall oppose his plans in the interests of those that I represent."
"Trevor and Chris are a credible team with a proven track record in creating high quality jobs through redevelopment opportunities. Their business plan looks thorough, considered, and viable and, with the support of the local community, will deliver thousands of local jobs and many community benefits in the coming years. This development is an exciting opportunity for Manston, Thanet and beyond and can transform the future of East Kent.”