Decision details
PROPERTY AND LAND DISPOSALS WIRRAL GROWTH COMPANY – VARIATION TO OPTIONS AGREEMENT
Decision Maker: Policy and Resources Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
This report seeks approval to Heads of Terms
to vary the Options Agreement as currently set out in the WGC
Partnership Agreement together with a variation to Site Development
Plans.
Decision:
Resolved – That,
(1) the Heads of Terms for the amendment of the legal documentation (listed in paragraph 5.4 of the exempt report) entered into between the Council, Muse Developments Limited and Wirral Growth Company LLP, and attached as Appendix 1 to the report, be approved;
(2) the Director of Law and Governance, in consultation with the Director of Regeneration and Place, be authorised to finalise the associated legal documentation, on terms that are substantially in accordance with the draft Heads of Terms as set out at Appendix 1 to the report.
Reasons for the decision:
As detailed in the exempt report.
Alternative options considered:
As detailed in the exempt report.
Report author: Sally Shah
Publication date: 22/03/2022
Date of decision: 16/03/2022
Decided at meeting: 16/03/2022 - Policy and Resources Committee
Effective from: 26/03/2022
Accompanying Documents:
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted