Issue - decisions

RESOLVED: (i)         That the successful outcome of the procurement process, with the result that LaSalle UK Venture Property are the preferred concessionaire for the Castle Piccadilly Regeneration Project, be noted.

REASON:      So that the requirements of the procurement process are satisfied.

                        (ii)        That the recommended course of action for the next stage of the project, as detailed in paragraphs 8 to 11 of the report, be approved.

REASON:      So that negotiations can take place with the preferred concessionaire and the development partner to ensure that this project, which is vital for the long term economic well being of the City, can be quickly progressed.