RECOMMENDED TO COUNCIL (24 April 2018):
That:
(1) the project objectives set out at paragraph 1.3.1 of Report No: CAB/SE/18/027 for the site, be endorsed;
(2) as the preferred option and policy approach, the redevelopment (Option 4) of 17-18 Cornhill, be approved;
(3) an £8.4m capital budget (includes £1.68m purchase and redevelopment budget), funded through the Investing in our Growth agenda fund, be approved in line with paragraph 1.9 of Report No: CAB/SE/18/027;
(4) it be acknowledged that in line with Recommendations (2) and (3) above, officers will proceed in the development of the site in line with the Council’s agreed Scheme of Delegation; and
(5) the Council’s Section 151 Officer will make the necessary changes to the Council’s prudential indicators as a result of Recommendation (3).