Decision details

[Note: this item was considered after Minute 12, but before a decision was made on the matter in Part 1 of the meeting.]

The Executive Member for Community Engagement and Rural Affairs presented the Part 2 report of the Chief Executive and Service Director – Commercial in respect of the North Hertfordshire Museum and Hitchin Town Hall – Acquisition of 14/15 Brand Street, Hitchin.  The following appendix was submitted with the report:

Appendix 1 – Note from HTH Limited/ HTH Finance Limited: June 2018.

The Executive Member for Community Engagement and Rural Affairs advised that the report covered the confidential aspects of the progress of discussions/negotiations and provided a detailed commentary in relation alternative options, including the potential acquisition of 14/15 Brand Street by use of Compulsory Purchase Powers.

RESOLVED:

(1)          That the current position in relation to the negotiations be noted; and

(2)          That the detailed commentary in the report in relation to the potential acquisition of 14/15 Brand Street, Hitchin by use of Compulsory Purchase provisions be noted.

REASON FOR DECISION:  To enable the Council to complete the development of the North Hertfordshire Museum/Hitchin Town Hall project as intended by the Council and operate the facility for the benefit of the local community; and to protect the Council’s interests and obtain best return from the Council’s existing investment and to secure projected income from the facility to offset some of the operational and fixed costs.