Decision details
International Sports Village Development Strategy
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The report will brief Cabinet on progress of the International Sports Village Development and the proposed delivery model for the phase 2 development of the site.
Decision:
Appendix 4 of this report is not for publication as it contains exempt information of the description contained in paragraphs 14 and 21 of Schedule 12A of the Local Government Act 1972.
RESOLVED: that
1. the new development strategy for the International Sports Village be approved
2. authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and statutory officers to bring forward the development of the Waterfront site including disposal of land as required and to ring-fence any capital receipt in accordance with the financial strategy outlined in Confidential Appendix 4 and subject to an independent valuation as necessary.
3. authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and statutory officers to deal with all aspects of the procurement of a commercial partner to establish and operate a new leisure attraction at the International Sports Village as set out in this report and to return to Cabinet for final approval.
4. As part of (iii) above, authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and statutory officers to include the external operation of the CIWW as part of the procurement process in accordance with the strategy set out in this report and to return to Cabinet for final approval.
Publication date: 11/10/2019
Date of decision: 10/10/2019
Decided at meeting: 10/10/2019 - Cabinet
Effective from: 23/10/2019
Accompanying Documents:
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