Decision details

Councillor Stephen Simkins presented for approval the report on progress on the Council's Industrial Site Strategy and on the next steps to bring forward for development the remaining three sites within the programme.

Resolved

1.    That the release of specific employment sites in accordance with the disposal methodology detailed in Tables 2 to 4 of the report be approved.

2.    That the Chief Operating Officer be authorised to negotiate, execute and complete legal documents to give effect to the above recommendations.

3.    That authority be delegated to the Cabinet Member for Resources and Digital City and the Deputy Leader: Inclusive City Economy in consultation with the Directors of Regeneration and Finance to negotiate, approve and to finalise the detailed sale terms for these sites when sufficiently advanced, as referenced in the Disposal Methodology.

4.    That the use of up to £70,000 from the Regeneration Reserve to progress disposal methods for the three sites listed in the report be approved.

5.    That it be noted that the internal consultation process for the surplus declaration of the land and property assets referenced in Tables 2 to 4 and shown in plans at Appendix 1 to 3 to the report is underway.