Agenda item

Appendices 2-6 & 8-13 of this report are not for publication as they contain exempt information of the description contained in paragraphs 14 and 16 of Part 4 and paragraph 21 of Part 5 of Schedule 12A of the Local Government Act 1972.

RESOLVED: that

1)          the update on the new Indoor Arena project including the extension to the duration of the Pre-Contract Service Agreement be noted

2)          Approval be given to the Interim Business Case for the new Multi-Storey Car Park as set out in this report and at Confidential Appendix 9 and authority be delegated to the Director of Economic Development in consultation with the Cabinet Member for Investment and Development, the Section 151 Officer, and the Monitoring Officer to enter into a Pre-Contract Service Agreement including the associated underwrite as set out in Confidential Appendix 8.

3)          Authorisation be given to a soft-marketing exercise to promote the Atlantic Wharf site for investment as set out in this report to be reported back to a future meeting of Cabinet as part of the Outline Business Case for the redevelopment of the Red Dragon Centre.

4)          Authorisation be given to the writing-off of bad debts as outlined in Confidential Appendix 10 and in accordance with Part 3, Section 2, of the Cardiff Council Constitution, Executive Decision-making function number 20.

5)          Approval in principle be given to the Memorandum of Understanding (MOU) relating to the Capella Project attached at Confidential Appendix 13 subject to an Outline Business Case and Heads of Terms being presented back to a future meeting of Cabinet for approval.

6)          Authorization be given to the development of an Outline Business Case for the Capella Project as outlined in this report and at Confidential Appendices 11 and 12 to be presented back to a future meeting of Cabinet for approval.

7)          the Strategic Outline Case for the Atlantic Wharf Energy Strategy detailed at Confidential Appendix 4 be noted and the development of an Outline Business Case be authorised to be presented back to a future meeting of Cabinet for approval.