Decisions

The Peer Review report, as detailed within Essential Reference Paper B, be noted; and

The associated action plan, as detailed with Essential Reference Paper C, be agreed.

Councillor L Haysey proposed and Councillor G Williamson seconded, a motion that pursuant to Section 100 (A) (4) of the Local Government Act 1972, the press and public be excluded during consideration of the business referred to in Minute 404 on the grounds that it involved the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the said Act.

After being put to the meeting and a vote taken, this motion was declared CARRIED.

RESOLVED – that (A) under Section 100(A)(4) of the Local Government Act 1972, the press and public be excluded from the meeting during the discussion of Minute 404 on the grounds that it involved the likely disclosure of exempt information as defined in paragraph 7A of Part 1 of Schedule 12A of the said Act.

Councillor G McAndrew proposed and Councillor G Williamson seconded, a motion that the minutes of the meeting held on 12 February 2019 be approved as a correct record and signed by the Leader.  After being put to the meeting and a vote taken, the motion was declared CARRIED.

RESOLVED – that the Minutes of the Executive held on 12 February 2019 be approved as a correct record and signed by the Leader.

With reference to:

       i.              the scores from the procurement exercise, set out in Exempt Essential Reference Paper D,

     ii.              the final Heads of Terms for the preferred developer set out in Exempt Essential Reference Paper B,

  iii.              the draft masterplan by the preferred developer set out in Exempt Essential Reference Paper C,

  iv.              the viability report written by Montagu Evans and set out in Exempt Essential Reference Paper D,

The Executive approves the preferred developer and authorises the Chief Executive, the Head of Strategic Finance and Property and the Head of Legal and Democratic Services (or their delegates) to issue a Contract Award Notice and proceed to sign a development agreement with the developer in due course, subject to:

(a)       appropriate final due diligence on the developer’s proposal, and

(b)       the Council approving capital and revenue funding for the arts centre.

KEY DECISION - Seeking approval for grant of a 150 year lease

The Council grants a 150 year ground lease of Meade House, Ware and adjacent land to General Practice Investment Corporation Ltd on the terms negotiated and set out in the report, subject to financial negotiations regarding the loss of car parking; and

Officers are given delegated authority to resolve the restrictions on the freehold title of the Old Fire Station with Hertfordshire County Council without reference back to committee.