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Issue - meetings
Cornwallis Street Car Park - Potential Development
Meeting: 04/01/2021 - Cabinet (Item 303)
303 Cornwallis Street Car Park - Potential Development
Decision:
1. Agree in principle to proceed on the basis of revised terms.
2. Delegated authority is given to the Chief Finance Officer, in consultation with the Lead Member for Financial Management and Estates, to agree to the revised terms.
Minutes:
The Assistant Director, Financial Services and Revenues presented a report considering revised terms for the potential development of a hotel on Cornwallis Street Car park (Council owned land).
Councillor Barnett proposed an additional recommendation (as set it out recommendation 2 below), seconded by Councillor Chowney. The additional recommendation was agreed unanimously.
Councillor Chowney proposed approval of the recommendations, subject to the addition of recommendation 2, seconded by Councillor Rogers.
RESOLVED (unanimously):
1. Agree in principle to proceed on the basis of revised terms.
2. Delegated authority is given to the Chief Finance Officer, in consultation with the Lead Member for Financial Management and Estates, to agree to the revised terms.
Reason:
The hotel chain agreed at their meeting on the 10 December 2020 revised terms on which to proceed with the development of a hotel at Cornwallis Street in Hastings. The scheme remains a viable option should the Council wish to proceed.
(The Chair declared the meeting closed at 8.22pm)
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