Issue - decisions
Zone B Olympic Way - Commercial Agreement
02/08/2019 - Authority to enter into a commercial agreement and funding agreement in relation to Olympic Way
That the Strategic Director for Regeneration and Environment approves the Council’s entry into a commercial agreement with Wembley Park Limited for the future sharing and reinvestment of net income generated through assets on Olympic way on the basis set out in Appendix 1, having consulted with the Cabinet Member of Regeneration, Property & Planning AND approves entry into a funding agreement with Quintain Limited to contribute £5.7 million + VAT for Works to Zone B including Fulton Road Crossing following both the completion by Quintain Limited of Zone A works and approval of entry into the commercial agreement.