Resolved – That

(1)  the Heads of Terms for an Agreement for Lease, Museum Lease, Tramway Operation Agreement and Option Agreement in relation to the landholding of Wirral Transport Museum, East Side of Taylor Street Birkenhead to Big Heritage CIC substantially in accordance with the Heads of Terms as set out in Appendix 1 of this report be approved.

(2)  the Director of Law and Governance, in consultation with the Director of Regeneration and Place be authorised to:

(a)  Negotiate and finalise the legal document associated with this Heads of Terms

(b)   (b) Seek any necessary regulatory approvals from the Secretary of State in relation to the tramway operation.