Decision Maker: Mayor and Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 22, 2025

Purpose:

Content: It was MOVED, SECONDED and RESOLVED:   •                     To note that the Council and Guildmore (Ladywell) Ltd entered into an agreement for lease for the development of the Ladywell Playtower. •                     To note that due to viability issues the agreement for lease will terminate. •                     To agree that exercising the withdrawal of reserve bidders status be delegated to the Executive Director of Place in consultation with the Director of Law and Corporate Governance and the Cabinet Member for Inclusive Regeneration and Planning. •                     To agree the new process outlined at paragraph 7 of the report to seek a replacement restoration partner for Ladywell Playtower. •                     To note that it is intended that a report will be brought to Mayor and Cabinet in the Autumn/Winter of 2026 with a recommendation to approve the selection of the preferred restoration partner of the Ladywell Playtower. •                     To agree the new process outlined in the report at paragraph 6 to seek a replacement restoration partner of the Ladywell Playtower.