Purpose

The report seeks Executive approval to purchase additional land at Daedalus.  The report further requests that delegated authority be given to the Director of Planning and Regeneration to complete the transaction should the terms change.

Further information is detailed in the confidential report. 

Decision

RESOLVED that the Executive:

(a)  approves the purchase of the land; and

(b)  delegates the agreement of final financial terms, up to the sum detailed in the recommendation to the report (plus overage provisions), to the Director of Planning and Regeneration following consultation with the Executive Member for Policy and Resources