Issue - meetings

That the Executive Director – Commercial Development and Economic Growth, in consultation with the Portfolio Holder, Finance, Town Centres and Growth be authorised to enter such agreements as are necessary to conclude the purchase of the York Place / Astley Walk shopping centre in Newcastle under Lyme in accordance with the Heads of Terms set out in the confidential appendix to this report.

Cabinet considered a report on the possible purchase of the York Place/Astley Walk shopping centre in Newcastle.  The purchase was part of the Future High Streets Fund scheme. 

Resolved: that the Executive Director – Commercial Development and Economic Growth, in consultation with the Portfolio Holder, Finance, Town Centres and Growth be authorised to enter such agreements as are necessary to conclude the purchase of the York Place / Astley Walk shopping centre in Newcastle under Lyme in accordance with the Heads of Terms set out in the confidential appendix to this report.