Decisions Made

The Town Hall Site Redevelopment is at a key juncture whereupon the Council has negotiated the terms of the proposed redevelopment.

The purpose of this report is to record that the Council has signed and exchanged the legal agreements that will allow the Council to move to the next stage.

In February 2017, the Council agreed the deliverables of the Town Hall Site redevelopment, the budget lines to achieve this, as detailed in report DCE/02 and the delegated powers to develop and proceed with the development.

The scheme outlined in that report included a new Town Hall, commercial space above the Town Hall (Council to be the landlord), 250 residential units of which 40% would be affordable, a District Heat Network, a new public square, and improvements to Exchange Road Car Park.

The same report delegated the negotiation of the terms of relevant legal documentation to the Deputy Chief Executive, in consultation with the Leader of the Council, the Head of Legal, Democracy and HR

The Deputy Chief Executive, in consultation with the Leader of the Council, the Head of Legal, Democracy and HR as approved the sign off of Stage 3 of New Town Hall Site Redevelopment, namely Council has signed and exchange the legal agreements that will allow the Council to move to the next stage.

The insurance contract needs to be replaced by 1 April 2019 as the current contract is due to expire in March 2019, the report will look at future options for insurance.