Issue - meetings

PLOT 1 TROSTRE RETAIL PARK.

Meeting: 22/05/2023 - Cabinet (Item 16)

PLOT 1 TROSTRE RETAIL PARK

Additional documents:

Minutes:

Following the application of the public interest test it was RESOLVED, pursuant to the Act referred to in minute no. 15 above, not to publicise the content of the report as it contained exempt information relating to the financial or business affairs of any particular person (including the Authority holding that information) (Paragraph 14 of Part 4 of Schedule 12A to the Act). The public interest test in respect of this report outweighed the public interest in disclosing the information contained therein as disclosure as disclosure would put the authority at a material disadvantage in any subsequent negotiations with third parties and potentially harm the public purse.

 

Further to minute 10 of the Executive Board meeting held on the 16th December 2019 the Cabinet considered a report detailing requests by the developer of the above site to 

·       extend the land agreement for a further 12-month period;

·       consider a further reduction in the purchase price to reflect exceptional unforeseen abnormal costs;

·       to incorporate a further area of land within the leased area to address ecological issues required by legislation.

 

UNANIMOUSLY RESOLVED that the request for a reduction in the purchase price be not entertained.