Issue - meetings

Members considered an exempt report, presented by Councillor Williamson.

Councillor Williamson proposed, and Councillor Curtis seconded, a motion to support the recommendations in the report.  The motion being put to the meeting, and a vote taken, it was declared CARRIED. 

RESOLVED – that (A) a Unit Buyback funding model be approved as the preferred route to deliver the Old River Lane scheme (excluding the Arts and Entertainment Centre which is subject to separately delivery arrangements) ensuring a maximised commercial benefit to the council; and

(B)   a final business case be developed, incorporating the outcome of negotiations with the approved developer Cityheart Ltd, for presentation to Council for approval at a future date.