Decision - Waterfront project

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Decision details

Waterfront project

Decision Maker: Policy & Resources Committee

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

An update report on the Waterfront project with a reccomendation to agree a standstill agreement with Aberdeen Standard Investments

Decision:

RESOLVED: That the Committee

 

1.    Authorised the Executive Director for Economy, Environment

 and Culture to agree the terms of and enter into a standstill agreement in relation to the Conditional Land Acquisition Agreement (CLAA) with Aberdeen Standard Investments.

 

2.    Agreed that a commercial advisor is procured in order to support any future negotiations, to be funded from the Brighton Centre Reserve.

 

Report author: Katharine Pearce

Publication date: 05/12/2019

Date of decision: 05/12/2019

Decided at meeting: 05/12/2019 - Policy & Resources Committee

Accompanying Documents:

 


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