Decision Maker: Corporate and Resources Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: November 21, 2024

Purpose:

Content: RESOLVED that –   1.    The marketing, assessment and scoring process used to identify and select a preferred operator for the Ancient Market Square, Market House and street market be noted;   2.    Based upon the assessment outlined within the report, the appointment of the preferred bidder identified in Exempt Annex 1 be approved;   3.    The principle of granting a lease in respect of the site edged red on the plan at Annex 2, comprising Ancient Market Square, Market House and the street market contained therein, be granted to the preferred bidder on the terms outlined in Exempt Annex 1; and   4.    Delegated authority be granted to the Executive Director Place in consultation with the Portfolio Holders for Economic Development and Leisure and Assets to negotiate, finalise and enter into the lease and associated documents necessary to secure the operation of the market from the 1st April 2025 on terms broadly in line with the principles outlined in this report.