Site at Sherwood Road
Minutes:
Consideration was given to a report on land at Sherwood Road, Bromsgrove. Following discussion it was
RESOLVED:
(a) that the proposed assignment of the leasehold interest in the property situate at Sherwood Road, Bromsgrove be approved;
(b) that that the proposal to enter into a conditional contract relating to the surrender of the existing lease and the grant of a long lease with a third party developer be approved and that this be on terms to be agreed by the Executive Director – Partnerships and Projects in consultation with the relevant Portfolio Holders and the Head of Legal, Equalities and Democratic Services and the Head of Finance; and
(c) that the proposal to enter into a long lease with a third party developer be approved and that this be on terms to be agreed by the Executive Director – Partnerships and Projects in consultation with the relevant Portfolio Holders and the Head of Legal, Equalities and Democratic Services and the Head of Finance.
(During the consideration of this item there was a short adjournment to enable the Monitoring Officer to advise Members).