Decision details

To consider an update on Marketfield Way.

RESOLVED that:

(i)              The progress that had been made to deliver stage three of the project, in relation to land assembly, detailed design, build contract negotiations and the securing of pre-lets, be noted.

(ii)             The Director of Place Services, in consultation with the Leader, Deputy Leader and Executive Member for Place and Economic Prosperity, be authorised to:

-        conclude stage three of the project by agreeing the final terms and sealing and completing a building contract, subject to the revised financial parameters set out in the exempt report in Part 2 of the agenda.

-        progress stage four of the project, in accordance with the management actions and revised financial parameters set out in the exempt report in Part 2 of the agenda, including the implementation and construction of the scheme.