4. INVESTMENT IN THE TOWN CENTRE- ADELAIDE STREET PDF 521 KB
To consider the development of
a new town centre health centre off Adelaide Street,
Blackpool.
Additional documents:
Decision:
The Executive resolved as
follows:
- To
agree that Appendix 4b, to the Executive report, risk management
considerations continued, is not public for publication by virtue
of Paragraph 3 of Part 1 of Schedule 12A of the Local Government
Act 1972 as the costings would undermine the Council’s
position in continuing and future negotiations.
- To
approve the purchase of the land and properties required to enable
the development to proceed outlined in the map at Appendix 4a, to
the Executive report.
- To
delegate authority to the Director of Communications and
Regeneration, after consultation with the Leader, to finalise the
transactions when all due diligence has been completed, within the
financial limits set out in this report.
- To
delegate authority to the Director of Resources, after consultation
with the Leader of the Council, to Prudentially Borrow up to
£8m.
- To
delegate to the Director of Communications and Regeneration the
negotiations and grant of Leases to the proposed end users which
will form part of the Adelaide Street health campus.
- To
delegate to the Director of Communications and Regeneration the
negotiations and agreements/contracts for any work related to the
stopping up of any roads, diversion of utilities, construction,
professional appointments and any other practical matters relating
to the project and management thereafter; the costs of which are
included in decision 4.
- To
authorise the Head of Legal to prepare legal documentation and
enter into and complete appropriate documents/contracts as
necessary to complete the transactions.