Decision details

Cabinet received a report on the Town Centre Strategy.

Proposed by Councillor Dan Swords (seconded by Councillor David Carter) it was:

RESOLVED that Cabinet recommended to Full Council that:

A     Delegated authority be given to the Leader of the Council and Assistant Director of Finance (s151 officer) to finalise the capital financing for the redevelopment site as detailed in the report.

B     Delegated authority be given to the Leader of the Council and Assistant Director Regeneration and Commercial Development to procure and appoint a main contractor for the redevelopment site as detailed within the budget profile set-out within this report and in accordance with Council’s procurement framework.

C     A budget is allocated for the negotiated purchase price and associated costs per the agreed Capital Programme and the terms of this report and approve that associated Capital Strategy and Treasury documents are amended to reflect the capital acquisition as detailed in the report.

D     Delegated authority be given to the Leader of the Council and Assistant Director of Finance (s151 officer) to finalise any required capital financing for the acquisition of as detailed in the report.

E     Delegated authority be given to the Leader of the Council, Assistant Director of Finance (s151 Officer) and Assistant Director of Regeneration & Commercial Development to negotiate and complete the acquisition as detailed in the report.

F      Delegated authority be given to the Leader of the Council and Assistant Director of Regeneration and Commercial Development to enable the occupation of the building as detailed in the report subject to public procurement rules and Council Contract Standing Orders.