Purpose

To update and seek authority for revised terms
for the land disposal

Content

The Cabinet considered
the former Ritz Cinema Car Park, Fletcher Street Update detailing
the disposal of the former Ritz Cinema car park, Fletcher Street
and agreed to:-
 

·        
Give approval to dispose of the site at Fletcher St (former Ritz
Cinema car park) in line with the recommendation report in
Confidential Appendix 3 and the Heads of Terms as detailed in
Confidential Appendix 2;

·        
Delegate authority to the Deputy Chief Executive and Director of
Development & Regeneration, in consultation with the Cabinet
Member for Economy, Regeneration & Housing and the Cabinet
Member for Finance & Resources to negotiate and agree the
detailed final terms relating to the disposal of the interest in
the site.

·        
Delegate authority to the Assistant Director (Legal &
Democratic Governance) to do all things necessary or incidental to
the implementation of the above-mentioned resolutions.