Resolution status:Carried
It was RESOLVED: -
1.1 That Cabinet note progress, since its last meeting of 08 July 2022, on refinement of an optimal scheme layout and design to support the Council’s regeneration priorities. Further, that Cabinet notes the updated order of costs estimate and viability assessment (attached as Confidential Appendix A).
1.2 That Cabinet authorise the Director for Economic Growth and Climate Change to conclude an optimal scheme design and layout, based upon occupier and local marketing intelligence gathered, and proceed to submit a planning application during early 2023.
1.3 That Cabinet approve the draft Heads of Terms lease agreement for the office unit (with associated parking and service areas) identified in Confidential Appendix B, and with the tenant identified within that draft agreement.
1.4 That Cabinet delegate to the Director for Economic Growth and Climate Change the authority to agree or vary the final terms for the lease agreement of the land shown in Confidential Appendix B.
1.5 That Cabinet approve the substituted bid terms of offer for the freehold transfer of the A1 use-class convenience retail/drive-thru unit identified in Confidential Appendix C, and as being the best consideration reasonably obtainable.
1.6 That Cabinet delegate to the Director for Economic Growth and Climate Change the authority to agree or vary the final terms for the freehold disposal of the land shown in Confidential Appendix C. Further, that the Director for Economic Growth and Climate Change be delegated authority to accept a substitute bid received on the same or similar terms, in the event this latest sale agreement does not proceed.
1.7 That Cabinet authorise the Director for Economic Growth and Climate Change to proceed with marketing for the Light Industrial (B1 use class) units.
Vote | Councillors | Count |
---|---|---|
For | Clive Arthey, David Busby, Jane Gould, Elisabeth Malvisi, Alastair McCraw, Jan Osborne and John Ward | 7 |
Against | None | 0 |
Abstain | None | 0 |
Conflict Of Interests | None | 0 |