Agenda item

Report of the Director of Economic Growth and Neighbourhood Services (Exclusion Paragraph No. 3)

The Cabinet Member with the Economy and Regeneration Portfolio introduced the report of the Director of Economic Growth and Neighbourhood Services (previously circulated) requesting that consideration be given to the acquisition of No. 12 Skinnergate, a Grade II Listed Building, as shown hatched on the plan appended to the submitted report, on the terms detailed in the submitted report.

RESOLVED – (a) That the acquisition of No. 12 Skinnergate, a Grade II Listed Building, be approved, on the terms as set out in the submitted report.

(b) That authority be delegated to the Director of Economic Growth and Neighbourhood Services, in consultation with the relevant portfolio holders, to pursue and conclude negotiations with the owners of the wider potential development site, and the outcomes of those negotiations and future plans being presented to a future Cabinet meeting, for approval.

(c)  That the Assistant Director – Law and Governance be authorised to complete all necessary documentation.

REASONS – (a) Development of this Grade II listed building will improve the general amenity of the Skinnergate area.

(b)  The purchase will present future opportunities to further develop the adjacent properties into a residential site therefore increasing residential occupation and reducing poor retail units in low demand.