Issue - meetings

Commercial Acquisition - Update

Meeting: 25/05/2017 - Cabinet (Item 12)

Commercial Acquisition - Update

Report of the Executive Director

Additional documents:

Minutes:

Further to Minute No. 119 of the meeting held on 6 April 2017, the Cabinet considered the report of the Executive Director which provided an update on the negotiations undertaken with regard to the acquisition of the Strand Shopping Centre, Bootle and the final terms of the transaction, which had resulted in the Council becoming the sole owner of the Shopping Centre.

 

Decision Made:

 

That the recommendations set out in the report be approved.

 

Reasons for Decision:

 

The reasons for the decision are detailed in the report.

 

Alternative Options Considered and Rejected:

 

The details are set out in the report.