Issue - decisions

(i)         that approval be given to the disposal of the Town Hall site for the sum set out in the confidential Appendix 1 of the report from the Director of Regeneration and Major Project, to the preferred bidder, or depending on how negotiations proceed, agree a sale to the reserve bidder - the second highest bid and that the Director of Regeneration and Major Projects to be authorised to agree the final terms and to complete the disposal;

(ii)        that the Director of Regeneration and Major Projects be authorised, in consultation with the Director of Legal and Procurement, to appropriate the Town Hall site as shown heavily outlined in black on the plan comprised in Appendix 2 for the planning purposes of facilitating the redevelopment of the Town Hall site pursuant to section 122 of the Local Government Act 1972.