Decision details

Sale of Old Lichfield Library, The Friary, Lichfield - Proposed Exclusivity Agreement (Exemption paragraph 3)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

The Sub-Committee considered the proposal to grant an exclusivity agreement to GR8 Space Limited to bind the Council to only sell the property to that company for the period of the exclusivity agreement proposed to expire on 29 August 2021.

 

RESOLVED – That subject to the terms indicated in the report, approval be given to grant an exclusivity agreement with the proposed purchaser of the Old Library, The Friary, Lichfield to GR8 Space Limited or a subsidiary of that company for a term expiring 29 August 2021 and agreement on the other proposed terms of the exclusivity agreement be delegated to the Assistant Director for Commercial and Assets.

Publication date: 04/03/2021

Date of decision: 03/03/2021

Decided at meeting: 03/03/2021 - Property Sub-Committee

Effective from: 10/03/2021

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