Purpose

To
review the current operation and business model of The Bottle Yard
Studios and consider proposals for its future.
 

Content

In relation to recommendation 1, the Committee
RESOLVED (5 members voting in favour, and 3 against):
To approve the
proposal to identify a purchaser of the long leasehold interest of
The Bottle Yard Studios.
 
Note:
The report
included a second recommendation as follows:
Recommendation 2:
That the Committee authorises the Executive Director for Growth and
Regeneration, in consultation with the Leader, Director of Finance
and the Director of Legal Services, to settle the terms of disposal
and negotiate (as necessary) the final terms of contract, subject
to any condition or requirements set by the Committee.
 
A decision on recommendation 2 was not
reached/taken at the meeting.  The meeting was adjourned on
the basis that the committee could reconvene to consider this
matter further.