5. MADAME TUSSAUDS ATTRACTION BUSINESS DEVELOPMENT PDF 299 KB
To consider a proposal for a complimentary
development within the Madame Tussauds
attraction.
The report is public. However Appendix 5a
includes information that would however undermine
the Council’s position in continuing negotiations so at the
time of publication this document is not for publication by
virtue of Paragraph 3 of Part 1 of Schedule 12A of
the Local Government Act 1972.
Additional documents:
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is not for publication by virtue of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.