Decision Maker: Strategy and Resources Policy Committee

Outcome: Recommendations Approved (subject to call-in)

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: September 16, 2024

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.