Decision details

To consider the Outline Business Case for the future of St David’s Hall and agree to proceed to the Full Business Case stage.

Appendices 1-7 of this report are not for publication as they contain exempt information of the description contained in paragraphs 14 and 16 of Part 4 of Schedule 12A of the Local Government Act 1972. In all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

RESOLVED: that

1.            the Outline Business Case attached at Confidential Appendix 4 be noted

2.            Approval, in principle be given to the offer from AMG (set out as Option 2 in this report) and further described in the Outline Business Case at Confidential Appendix 4, the draft Heads of Terms at Confidential Appendix 5 and authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Culture, Parks and Events, the Section 151 Officer and the Legal Officer to progress negotiations with AMG and for Legal Services to prepare proposed contractual documentation.

3.            It be noted that consultation will be undertaken as follows:

4.            It be noted that the findings of the consultation, together with an assessment of best value of the AMG offer will be brought back to Cabinet for consideration as part of a final decision on whether to proceed with the offer from AMG.