Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Grand Central Shopping Centre & Car Park – Litigation – Residual Cost Liability & Revised Capital Budget Request
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
008839/2021
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Acting Director, Inclusive Growth
Implementation Date (not before meeting on)
Tue 29 Jun 2021
Purpose
To update Cabinet on the next stage of Grand Central
Key Portfolio
Leader
Decision Maker
Chief Officer Decision Maker
Reason For Key Decision
Capital spend in excess of £500,000
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Inclusive Growth
Other Information
Private Reason
Decision Outcome

On 29 June 2021, Cabinet:-

(i)         Approved a change of strategy for the use of the existing budget which was provided to meet obligations contained within settlement agreements with both GCL and National Car Parks (NCP). These settlement agreements were unilaterally terminated by both GCL and NCP in 2020;

(ii)        Agreed to take all steps necessary and as advised by appointed external advisors to defend the legal claim brought by GCL, to counterclaim against GCL and to seek indemnities from relevant third parties;

(iii)      Where advised by appointed external advisors, agreed to take appropriate steps to attempt to settle the claim and any claims against third parties, through alternative dispute resolution procedures such as mediation;

(iv)           Authorised the City Solicitor (or delegate) to negotiate, execute and complete all necessary legal documentation to give effect to the above recommendations.

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 5 JULY 2021.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Ladywood

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee
Resources Overview and Scrutiny Committee

This section allows you to view the reports for the Decision.

Reports

  1. pdf Grand Central Cabinet Report 290621 (132Kb)
    1. pdf Appendix 1 EQUA104 Grand Central Shopping Centre & Associated Car Park (380Kb)
    2. pdf Exempt Appendix 2 - Grand Central 290621 - Private Report

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
12
 Page 1 of 2, items 1 to 10 of 18.
15/04/2021 14:30:31Wendy HillBusiness Item Created 
15/04/2021 14:30:31Wendy HillCommittee AddedCabinet
15/04/2021 14:30:31Wendy HillMeeting Added29/06/2021 10:00AM
15/04/2021 14:31:09Wendy HillWard AddedLadywood
15/04/2021 14:31:55Wendy HillOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
15/04/2021 14:31:55Wendy HillOS Committee AddedResources Overview and Scrutiny Committee
15/04/2021 14:32:56Wendy HillContacts Edited 
15/04/2021 14:34:02Wendy HillStatus ChangedDecision Proposed [2]
15/04/2021 14:34:39Wendy HillGeneral Details Edited 
18/06/2021 14:49:46Wendy HillReport AddedDocument ID 191348: Grand Central Cabinet Report 290621

Approval/Comments

No history found.