The Director of City Development submitted a report which sought approval to the acquisition of Unit 5, Landmark Court, in order to deliver revenue savings to contribute towards the Council’s Medium Term Financial Plan.
Following consideration of Appendix 1 to the submitted report, designated as exempt from publication under the provisions of Access to Information Procedure Rule 10.4 (3), which was considered in private at the conclusion of the meeting, it was
RESOLVED –
(a) That the contents of the submitted report, and specifically the progress made to deliver revenue savings through asset rationalisation, be noted;
(b) That the acquisition of Unit 5, Landmark Court, on the terms identified within exempt appendix 1 to the submitted report, be approved;
(c) That the necessary authority be delegated to the Director of City Development in order to agree the final detailed terms for the acquisition;
(d) That the injection of the sum, as identified within exempt Appendix 1, into the Capital Programme be approved, and that the relevant authority to spend the monies, as required, also be approved;
(e) That it be noted that the Head of Land and Property is responsible for the implementation of such matters.