Land Disposal at Parkside, Paradise Street
Report of the Director of Property Services and Development
(Listing Officer: A Walimia, Email: azim.walimia@coventry.gov.uk)
Minutes:
Further to Minute 10 above, the Cabinet considered a private report of the Director of Property Services and Development setting out the commercially confidential matters relating to land disposal at Parkside, Paradise Street.
RESOLVED that Cabinet:-
1) Approves the grant of a long leasehold interest of Parkside Paradise Street on the terms outlined in this report and as shown shaded in Appendix 1 to the report to Rainier Developments Ltd.
2) Delegates authority to the Director of Property Services and Development, following consultation with the Chief Operating Officer, the Director of Law and Governance and the Cabinet Member for Jobs, Regeneration and Climate Change, to agree the final terms of the lease, make any subsequent variations to these terms, enter into any necessary easements/wayleaves and complete the necessary legal documentation.