Decision details

RESOLVED that:

1.       The Council’s interest in acquiring the former Co-op site and associated land and buildings on Nottingham Road in Eastwood be approved and registered with its current owners and to seek to enter a period of exclusivity on undertaking negotiations for the purchase. Any acquisition would be subject to a full business case, financial approvals and capital budget being approved at a future Cabinet.

2.       A budget for the cost of the feasibility study and site option analysis to support the business case be approved.

Reason

This is in accordance with the Council’s Corporate Priority of Business Growth to invest in our towns and people.