Issue - decisions

The Executive resolved as follows:

1. 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.

2. 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.

3. 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.

4. To delegate authority to the Director of Resources, after consultation with the Leader of the Council, to Prudentially Borrow up to £8m.

5. 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.

6. 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.

7. To authorise the Head of Legal to prepare legal documentation and enter into and complete appropriate documents/contracts as necessary to complete the transactions.