Issue - meetings

Disposal of Land on the North Side of Lord Street

Meeting: 04/02/2019 - Cabinet (Item 163)

Disposal of Land on the north side of Lord Street

Decision:

1.    to authorise the Director (Housing and Regeneration), in consultation with the Section 151 Officer and the Head of Legal Services to negotiate further with the selected developer and enter into a contract of sale, undertaking all necessary actions to achieve this; and

2.    to authorise the Director (Housing and Regeneration), in the event of those negotiations resulting in any significant changes to the basis of the offer, in consultation with the Leader of the Executive and the Section 151 Officer, to agree those variations in order to complete the sale.

 

Minutes:

Further to minute 148 (07.01.2019), the Director (Housing and Regeneration) informed Members that interviews had now been held with the three bidders in order to discuss their bids further.

 

The outcome of those interviews, together with the proposed recommendation, was detailed in the report for Members’ consideration.

 

Resolved that:-

 

1.    the Director (Housing and Regeneration), in consultation with the Section 151 Officer and the Head of Legal Services be authorised to negotiate further with the selected developer and enter into a contract of sale, undertaking all necessary actions to achieve this; and

2.    the Director (Housing and Regeneration), in the event of those negotiations resulting in any significant changes to the basis of the offer, in consultation with the Leader of the Executive and the Section 151 Officer, be authorised to agree those variations in order to complete the sale.