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Agenda item

Indoor Arena

Decision:

 

Appendices 1, 3 and 4 are not for publication as they contain exempt information of the description contained in paragraphs 14 and 21 of Schedule 12A of the Local Government Act 1972.

 

 

RESOLVED that

 

the preferred location for the indoor arena project as set out in this report be approved and authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and the Section 151 Officer and the Monitoring Officer to:

 

(i)      Develop a detailed delivery strategy for the indoor arena project including detailed financial implications for the Council and to return to Cabinet for authority to proceed.

 

(ii)      As part of (i) above, negotiate terms for the acquisition of land not currently in Council ownership shaded red on the site plan attached at Appendix 5 and to return to Cabinet for authority to proceed to purchase the site.

 

Minutes:

 

Appendices 1, 3 and 4 are not for publication as they contain exempt information of the description contained in paragraphs 14 and 21 of Schedule 12A of the Local Government Act 1972.

 

The press and public were excluded from the meeting during discussion around this item

 

Cabinet considered a report detailing the results of a site appraisal exercise to identify the preferred location for the delivery of the indoor arena project.  It was noted that feasibility work on the preferred location including detailed financial appraisal and due diligence was required and that this will inform the development of a delivery strategy which will be presented back to Cabinet for consideration in the spring/summer of this year. 

 

RESOLVED that

 

the preferred location for the indoor arena project as set out in this report be approved and authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment & Development and the Section 151 Officer and the Monitoring Officer to:

 

(i)      Develop a detailed delivery strategy for the indoor arena project including detailed financial implications for the Council and to return to Cabinet for authority to proceed.

 

(ii)      As part of (i) above, negotiate terms for the acquisition of land not currently in Council ownership shaded red on the site plan attached at Appendix 5 and to return to Cabinet for authority to proceed to purchase the site.

 

Supporting documents:

 

To request a document in an accessible format please e-mail us.

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