It was RESOLVED that:
a) the row of shops including units 1 – 4c be demolished once the Council has achieved vacant possession.
b) the capital programme be amended and the £387,000 underspend from the Land North of Bingham budget from 2017/18 be reallocated to cover additional costs associated with securing the vacant possession and demolition of units 1 – 4c and bringing forward Phase 2.
c) Officers undertake detailed work on the investment opportunity for Rushcliffe Borough Council to develop the area of the shopping centre shown as Phase 2 in Appendix A.
d) Concurrently, the Phase 2 area is red-lined and marketed to ascertain levels of private sector interest which could result in a capital receipt for th e Council.
e) a report be brought back to Cabinet later this year to detail the results of resolution c) and d)