Decision details

Councillor Eamonn O’Brien, the Leader of the Council and Cabinet Member for Finance and Growth, presented the Part B report which set out the full details of the lease.

Decision:

Cabinet:

1.   Approved the disposal of the land on a long leasehold basis in accordance with the proposed terms contained at Part B of this report;

2.   Delegated approval of any further negotiations to the Director of Regeneration, Section 151 Officer and Monitoring Officer; and

3.   Noted that a full proposal of quantified abnormal costs, including the delivery of a new access road, will be submitted to Cabinet for approval at a later date.

Reasons for the decision:

As set out for the Part A report.

Other options considered and rejected:

As set out for the Part A report.