Decision Maker:

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: November 11, 2024

Purpose:

Content: Salford City Council - Record of Decision   Title: Crescent Masterplan:  Disposal of land at Wynne Street, Salford to facilitate the delivery of a new Acoustics building by the University of Salford   I, Councillor Jack Youd, Deputy City Mayor and Lead Member for Finance Support Services and Regeneration, in exercise of the powers contained within the City Council’s constitution do hereby;     Approve the provisionally agreed Heads of Terms for the sale of land at Wynne Street to the University of Salford for the delivery of a new Acoustics building.   Delegate authority to the Executive Director Place in consultation with the S151 officer to negotiate, agree, and finalise the detailed terms of the transaction.   Authorise the Shared Legal Service to prepare all necessary documentation and to take all steps which are required to give effect to the above recommendations.     The Reasons:             To support the delivery of a new Acoustics, educational and research facility by the University of Salford.   Assessment of Risk is low   The source of funding: N/A The transaction will generate a capital receipt for the City Council.   Legal Advice obtained:  Deborah Scott, Shared Legal Service.   Financial Advice obtained:  Dan Hillman, SCC Finance.   Procurement Advice: English Cities Fund (the Council’s procured developer partner for the Crescent area) were appointed following a competitive dialogue procurement exercise. The proposals detailed in this report do not have any direct procurement implications for the Council.   HR Advice obtained: n/a   Climate Change Advice obtained: n/a     The following documents have been used to assist the decision process: Public briefing report submitted to Property/Regeneration Briefing on 11th November 2024   Contact Officer: Andrew Cartwright Head of Service Strategic Delivery (Property Services)            Tel No 0161 779 6074     This decision is not subject to consideration by another Lead Member/Executive Director   The appropriate Scrutiny Panel to call-in the decision is the             Growth and Prosperity Scrutiny Panel.     Signed: Councillor Jack Youd Deputy City Mayor and Lead Member for Finance Support Services and Regeneration Date 11th November 2024     *           This decision was published on Monday 11th November 2024. *           This decision will come in force at 4.00 pm on Monday 18th November 2024 unless it is called-in in accordance with the Decision Making Process Rules.