A DETAILED planning application for the proposed Sands development has been approved by Scarborough Council.
The news was announced at a full borough council meeting yesterday afternoon by the head of the council, Cllr Tom Fox.
Developers Benchmark had previously been set a deadline of midnight yesterday to submit an application.
It was also handed the date to pay off the remaining money owed to the council for the construction cost of the Scarborough Open Air Theatre.
In total, the council was owed £3.27 million by Benchmark for the theatres construction.
However, the company has around 90 per cent of the money tied up in the Sands project, so a complex arrangement was agreed by both parties, which would see the company have to pay back £3.07 million by midnight yesterday, with the remaining £200,000 paid back in a year’s time.
As of going to press, Scarborough Council had not confirmed that the money had been received.
However, at yesterday’s council meeting Cllr Fox stated that an agreement had been reached with the bank and lawyers from the company, and that it was simply a matter of when and not if the money would go through.
However, although the news was greeted enthusiastically by councillors, Cllr Peter Poppell raised concerns over the recent sale of the development’s freehold, branding it “a betrayal”.
If the troubled project does get off the ground, it will see the redevelopment of the former Kinderland and Mr Marvels sites in North Bay, which will both be turned into seafront accommodation.
The Mr Marvels site is set to feature the proposed Bayview Holiday Home village, while the Kinderland site will host 29 holiday lodges.