Issue - meetings

To consider the report of the Director of City Development advising of the progress which has been made in relation to the redevelopment of the Leeds International Pool site and seeking approval to progress with the disposal of this site on the revised terms, as contained within the confidential appendix to the report.

The appendix to this report is designated as exempt under Access to Information Procedure Rule 10.4(3) and will be circulated at the meeting.

The Director of City Development submitted a report advising of the progress which had been made and discussions which had taken place between the Council and its preferred developer of the site. The report also sought approval to progress with the disposal of the site on the revised terms as contained within the exempt appendix to the report.

The report presented the following options:-

(A)  Withdraw from the sale and remarket the property

(B)  Withdraw from the sale and the Council retain the property

(C)  Proceed with the Council’s preferred developer on the proposed revised terms

The appendix to the report was designated as exempt under Access to Information Procedure Rule 10.4(3) and was circulated at the meeting.

Following consideration of the exempt appendix in private at the conclusion of the meeting it was

RESOLVED – That the Council progress with the sale of the site to the Council’s preferred developer, Hbg Properties Ltd, on the revised terms as contained within the exempt appendix, with the Director of City Development having the delegated powers to agree the detailed terms.