The Director of City Development:
i) Approved the selection of the preferred and reserve bids as
identified in 5.1 of the confidential appendix 2 to the report and
rejected the remaining shortlisted bids;
ii) Requested that officers progress negotiations with the
preferred bidder to agree detailed heads of terms, on the basis of
the offer received and enter into a suitable legal agreement;
iii) Agreed to approve any amendment to the heads of terms relating
to the offer and/or revert to the reserve bidder, in consultation
with the Executive Member for Resources.