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Decision details

Pinewood - Amendment to Sale Contract - RES/21/028

Decision Maker: City Growth and Resources Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decisions:

With reference to article 15 of the minute of meeting of 24 April 2018, the Committee had before it a report by the Director of Resources which formally advised of an approach from the site purchasers to discuss the renegotiation of payment terms for the site.

 

The report recommended:-

that the Committee agree to the revised terms for the site purchase as detailed in the report, and instruct the Chief Officer Governance to conclude revised terms on this basis.

 

The Convener, seconded by the Vice Convener, moved:-

that the Committee approve the recommendation contained within the report.

 

Councillor Greig, seconded by Councillor Nicoll, moved as an amendment:-

           that the Committee –

(1)        approve the recommendation contained within the report, subject to the removal of 3.9(a) – i.e. to exclude the 10% reduction;

(2)        instruct the Chief Officer - Corporate Landlord to inform the purchaser of this and to continue discussions on 3.9 (b) to (m); and??

(3)        instruct the Chief Officer – Corporate Landlord to report the outcome of these discussions to the Council meeting in March if the removal of 3.9(a) cannot be agreed.

 

On a division, there voted:- for the motion (5) – the Convener, the Vice Convener and Councillors Boulton, Houghton and Laing; for the amendment (4) – Councillors Cooke, Greig, McRae and Nicoll.

 

The Committee resolved:-

(i)       to adopt the motion; and

(ii)       to instruct the Chief Officer – Corporate Landlord to submit a progress report to the next meeting of the Committee.

Publication date: 09/02/2021

Date of decision: 03/02/2021

Decided at meeting: 03/02/2021 - City Growth and Resources Committee

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