Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
The Executive resolved as
follows:
- To
agree that Appendix 5a, to the Executive
report, Financial estimates
is not for publication by virtue of
Paragraph 3 of Part 1 of Schedule 12A of the Local
Government Act 1972
- To
agree to the further development of the Madame Tussauds by the
creation of a Television Themed attraction in the identified
underutilised space.
- To
complete the delivery of the scheme as set out in this report, to
include the completion of all due diligence associated with the
project.
- To
complete the project funding package through debt finance in the
form of Prudential Borrowing, as detailed in Appendix 5a to this
report.
- To
agree in principle to the creation of an addendum to the existing
Madame Tussauds operating agreement and that the Head of Legal be
granted delegated authority to authorise the addendum and any other
legal agreements on behalf of the Council.
Publication date: 21/01/2020
Date of decision: 20/01/2020
Decided at meeting: 20/01/2020 - Executive
Effective from: 25/01/2020
Accompanying Documents: