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Decision details
Cornwallis Street Hotel Part 1
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
1. That Cabinet agree to sell the land at Cornwallis Street to Whitbread PLC on the proviso that the Premier Inn hotel is built at their expense, within a reasonable timeframe (to be confirmed subject to legal due diligence) and that the council is released from all liabilities contained in the current agreement.
2. That the Chief Executive, Chief Legal Officer and Chief Finance Officer be delegated authority to conclude the legal details of the new agreement (as per the requirements set out in the Part II confidential report) with Whitbread Plc in consultation with the Leader of the Council and the Finance Portfolio Holder.
Publication date: 30/01/2024
Date of decision: 29/01/2024
Decided at meeting: 29/01/2024 - Cabinet
Accompanying Documents:
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