Agenda item

International Sports Village Development Strategy

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Appendix 4 of this report is not for publication as it contains exempt information of the description contained in paragraphs 14 and 21 of Schedule 12A of the Local Government Act 1972.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.

 

Supporting documents: