Issue - meetings

Report of the Service Manager Growth and Economic Development.

The Service Manager for Economic Growth and Regeneration introduced a report, including a not for publication appendix, which had been circulated prior to the meeting, seeking approval to acquire the Arnold Market site and associated buildings. 

RESOLVED:

1)    To recommend to Council that a budget is established to acquire the Arnold Market site (as shown on the Plan at Appendix 1 to the report) for no more than the sum set out in Exempt Appendix 2 to the report;

2)    That subject to budget approval by Council to:

a)    Approve the acquisition of the site using the Council’s powers under Section 226 of the Town and Country Planning Act 1990;

b)    Delegate authority to the Chief Executive to agree Heads of Terms for the acquisition of the site (as shown on the Plan at  Appendix 1 to the report), to make a formal offer for no more than the maximum price set out in Exempt Appendix 2 to the report, and, subject to the offer being accepted, to complete the acquisition of the site; and

c)    Authorise officers to progress proposals for improvements to the appearance of the site and its operation, the details of which will be reported to members at a future date.