The Head of Property has submitted a report which seeks approval to:

(a)       The variation to the terms of the disposal of St Clement’s Car Park, on the terms as detailed in the Not for Publication Confidential Appendix 3 of this Report.

(b)       Give authority to the Head of Corporate Property to make any further variations to the disposal provided the transaction continues to represent best consideration.

The Head of Corporate Property submitted a report along with a confidential appendix (previously circulated, now appended).

The Board Member resolved:

(a)       To approve the variation of terms of the disposal of St. Clements Car Park, on the terms as detailed in the “Not for Publication” Confidential Appendix 3 of the report;

(b)       To give authority to the Head of Corporate Property to make nay further variations to the disposal provided the transaction continues to represent best consideration.