17 Leisure World Commercial Terms * PDF 341 KB
Report of the Cabinet Member for Growth seeking Cabinet approval of confidential terms relating to an Agreement for a new head-lease over the entire Leisure World site, to enable its comprehensive re-development
In accordance with Regulation 6 of the Local Authorities (meetings and access to information) Regulations 2012 confidential appendix 6 is submitted for consideration with the consent of the Chair of Overview and Scrutiny Management Committee that the information contained within the appendix is urgent, cannot be deferred and must be considered in private session.
Additional documents:
Minutes:
DECISION MADE: (CAB 21/22 31850)
On consideration of the report of the Cabinet Member for Growth and having received recommendations from Overview and Scrutiny Management Committee held on 9th September, 2021, Cabinet agreed the following:
(i) That the commercial and financial terms and related recommendations set out in confidential Appendix 2 be agreed.
(ii) Following consultation with the Cabinet Member for Growth and Executive Director of Finance and Commercialisation, that the Executive Director of Place be given delegated authority to finalise the detailed terms of this transaction.