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