Agenda item

Burrows Yard

Minutes:

Decisions:

 

1.           That delegated authority be granted to the Head of Property and Regeneration to agree new terms with the company detailed in the private, circulated report, for the disposal of land at Burrows Yard as shown hatched and cross-hatched black on the plan, as detailed at Appendix 1 of the private circulated report;

 

2.           That delegated authority be granted to the Head of Property and Regeneration to instruct the company detailed in the private, circulated report, to remediate and construct a new commercial unit on the Council’s retained land as shown edged black on the plan, as detailed at Appendix 1 of the private circulated report;

 

3.           That delegated authority be granted to the Head of Property and Regeneration, in consultation with the Head of Legal Services to negotiate, finalise and enter into the transaction documentation necessary to implement the disposal of land and the construction of a new commercial, as detailed in the private circulated report;

 

4.           That Rule 2 of the Contract Procedure Rules be excluded for the construction of a new commercial unit on the land edge black on the plan as detailed at Appendix 1 of the private, circulated report, and that delegated authority be granted to the Head of Property and Regeneration to enter into an agreement, as detailed therein.

 

Reason for Decisions:

 

To enable the transfer of development land to a third party and the construction of commercial unit on the Council’s land at the Burrows Yard site.

 

Implementation of Decisions:

 

The decisions will be implemented after the three day call in period.