Content

That
1. 
The contents of this report be noted and the proposed Strategy for Phases 3 as set
out within this report be approved.
2. 
The procurement and
appointment of joint letting surveyors and other professional
consultants to provide architectural and cost consultancy advice as
recommended in Part 2 of this report be approved.
3. 
Expenditure of up to
£150,000 for marketing cost, up to £100,000 for
professional consultancy fees and up to 15% of one year’s
rental income for letting surveyor’s fees be
approved.
4. 
Authority be
delegated to
the Director of Housing, Planning and Regeneration in consultation
with the Portfolio Holder and Director of Finance to agree terms
for the letting of Phase 3.
5. 
Authority be delegated
to the Assistant Director of Legal Services to enter into all
relevant legal agreements and any ancillary legal documentation
relating to the leasing and disposal of property.