Issue - meetings

Report of the Leader of the Council seeking to delegate authority to the Head of Legal, HR and Democratic Services to revise Heads of Terms for Watermark, West Quay and the necessary documentation in order to progress the redevelopment of the site, attached.

DECISION MADE: (Ref: CAB 12/13 8602)

On consideration of the report of the Leader of the Council, Cabinet agreed the following:

(i)  That the principle of the revised Heads of Terms set out in the Confidential appendix 3 be endorsed.

(ii)  That following consultation with the Leader of Council that the Senior Manager City Development be given delegated authority to finalise the terms in (i) above for the disposal of the Watermark WestQuay site as identified in appendix 1.

(iii)  That the Head of Legal, HR and Democratic Services be given delegated authority to enter into legal documentation necessary to facilitate the redevelopment and disposal of the Watermark WestQuay site.

(iv)  That the Head of Legal, HR and Democratic Services be given delegated authority to make the appropriate Traffic Regulation Orders following consultation on the closure of Albion Place and Castle Way car parks, a temporary closure of the Quays North car park during construction of phase 2 and amend the parking arrangements for Quays North, Quays South and Harbour Parade car parks as necessary for phase 2 of the development.