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AGREED: That Cabinet
noted the report and:
i)              
Approved RBWM entering into a formal contract with Countryside
outside of the Development Agreement to capture the capital value
from Countryside’s headlease sale as relates to the notional
4,000 sq. ft commercial floorspace.
ii)            
Delegated authority to the Executive Director of Place in
consultation with the Cabinet Member for Planning, Legal and Asset
Management and Managing Director of the Property Company to
complete the contract with Countryside.