Purpose

The
report seeks approval to contribute towards the cost of premises
demised by a sublease at RVP.

Decision

RESOLVED:

 

That the contribution detailed in the Exempt report
towards the acquisition of the premises demised by the sublease,
following which the internal entrances into RVP will be fitted out
as also detailed in the Exempt report be approved.

 

That delegated authority be given to the Director of
Finance, Policy and Development in consultation with the Cabinet
Member for Finance and Performance to agree all financial and
property formalities to give effect to the above be
approved.

 

That delegated authority be given to the Head of
Legal Services to complete all legal formalities as are necessary
and incidental to the recommendations in this Report be
approved.

 
REASON FOR DECISION:   To enable the delivery of the
Business Plan and provide wider economic benefits for the Town
Centre
 

CALL-IN AND URGENCY
In
accordance with the provisions Of Overview and Scrutiny Procedure
Rule 14 in Part 4 of the Constitution, the Chairman of Overview and
Scrutiny gave prior agreement that this decision was urgent and
would not be subject to call-in as delay would seriously prejudice
the Council’s or the public’s interest.