Decision

Following consideration, the Committee unanimously resolved to:

(1)       Approve a budget of up to £150,000 to cover the initial costs of the appraisal and feasibility work, to be funded from the Corporate Projects Reserve;

(2)       Note that the Director of Environment, Housing & Regeneration and Head of Property & Regeneration, in consultation with the Chief Finance Officer and Chief Legal Officer, have express authority to take all necessary actions further to the above decisions being made that commit resources, as is necessary and appropriate.

(3)        Note a report will be brought back to Committee at the earliest opportunity following completion of the work.