Decision details

The Executive agreed the recommendations as outlined above namely:

1. To agree that Appendix 7c, Heads of Terms, is not for publication by virtue of  Paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

2. To agree to the adoption of the proposed Masterplan for ‘Blackpool Central’, as presented by the proposed Developer and included within Appendix 7b, to the Executive report. The Masterplan forms the basis for progressing a major leisure development on the site in line with the adopted planning framework in the Blackpool Local Plan Core Strategy and Leisure Quarter Supplementary Planning Document.

3. To agree to the Heads of Terms as presented in Appendix 7c, to the Executive report, which provide the principles of the agreement with the proposed developer.

4. To agree to the establishment of a ‘Blackpool Central’ Project Board to include the Leader of the Council, the Chief Executive, Senior Council Officers and the Developer to monitor, track progress and provide appropriate professional support and advice to both the Leader of the Council and Chief Executive in matters and decisions relating to the land sale.

5. To delegate authority to the Chief Executive after consultation with the Leader of the Council to enter into the detailed commercial and legal arrangements to deliver the proposals, based upon the principles set out in the Heads of Terms. This includes agreeing any changes to the Heads of Terms where it is appropriate for the successful delivery of the scheme and the protection of the Council’s interests.

6. To delegate authority to the Head of Legal to enter into any proposed legal agreements relating to the scheme.