Decision details

Approve entering into a Development Agreement with Wrenbridge.

Approve the surrender of existing leases and grant of a new 150-year lease to Wrenbridge in respect of Plots 9, 10-11 & 12

Approve Wrenbridge, in conjunction with the Council, to master plan the wider Mercers Row area to include Plots 6-8 and 13-16.

To delegate authority to the Interim Property Lead for the final approval of the proposed development agreement and lease terms.

The Committee unanimously voted and agreed to exclude the public after considering that the public interest was outweighed by paragraph 3 of Part 1 of schedule 12A of the Local Government Act 1972 to enable committee debate of the officer report.

The Scrutiny Committee unanimously approved the recommendations.

The Leader approved the recommendations.