110 17/00070 - Land at Drovers Roundabout - Variation of option agreements
To consider a report from the Cabinet Member for Corporate and Democratic Services and the Director of Infrastructure and either endorse or make a recommendation on the proposed decision set out in the report.
1. Mrs Spore and Mr Reidy introduced the report and responded to questions of detail from the Sub-Committee about the proposed transaction and the planned use of the land.
2. It was RESOLVED that the decision proposed to be taken by the Cabinet Member for Corporate and Democratic Services, to
a) vary the terms set out in the ‘option to purchase’ agreements between the County Council and the companies named in the exempt recommendation report; and
b) delegate authority to the Director of Infrastructure, in consultation with the Cabinet Member for Corporate and Democratic Services, to finalise and agree the terms of the variation to the ‘option to purchase’ agreements,