Decision details

Community Stadium Project Report

Decision Maker: Executive

Decision status: Decision Made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Purpose of Report: To present a final update on the status of Project's partners and proposed commercial development associated with the New Stadium Leisure Complex ahead of contracts being signed.

The Executive are asked to: approve the recommendations within the report.

Decision:

Resolved:  That the Executive:

a.   Note the contents of the report and the progress made since the last report brought to Executive in July 2017; and

b.   Note and accept the new risk highlighted on the Commercial Development Capital Land Receipt, as per the details set out at paragraph 16 of the report.

 

Reason:    To progress with the Project and enter into all necessary legal agreements at Financial Close to deliver the New Stadium and Leisure Centre (NSLC) and operation by Greenwich Leisure Ltd of the NSLC and the city’s wider existing leisure facilities.

Report author: Mark Wilson

Publication date: 19/10/2017

Date of decision: 19/10/2017

Decided at meeting: 19/10/2017 - Executive

Effective from: 24/10/2017

Accompanying Documents:

 

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