Decision Maker: Chief Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
To approve the final terms and the grant of a lease of the Durley Road Car Park site to Durley Road Development LLP (the Subsidiary) at less than the best consideration reasonably obtainable and otherwise on terms in accordance with the Option Agreement dated 17th February 2011.
To approve the final terms and the entry into of the Council Loan Note and Additional Council Finance Loan Note, together with the associated security agreement between the Council and BDC LLP (BDC).
Publication date: 17/11/2020
Date of decision: 13/11/2020