The Executive Meeting considered proposed revisions to the Development Agreement between the Council and THi Riverside Limited (with GB Buildings Solutions as the guarantor) to facilitate the delivery of the a revised development at the site of the former Dialstone Centre and Blackstone Fields and agreed that
· progress to date and the detailed work involved in bringing forward revised proposals for the former Dialstone Centre and Blackstone Fields redevelopment be noted;
· approval be given to the principles outlined within the proposals submitted by THi Riverside/ GB Buildings Solutions and the Service Director (Place Development) and Corporate Director for Corporate and Support Services be authorised to produce and enter into a revised Development Agreement for the former Dialstone Centre and Blackstone Fields sites;
· provision be included in the Council’s Capital Programme to meet the additional net costs associated with delivery of the revised proposals, currently estimated at £0.750m.
(NOTE: the report included exempt information ‘Not for Publication’ contained within its appendix that had been circulated to executive councillors only)