Decision - Black Rock - Update report

(1)               That the revised proposals submitted by Brighton Arena Limited “BAL” relating to the Black Rock site (see Appendix 2 “the Site”) be rejected;

(2)               That the Site will be subject to a fresh procurement and re-marketing exercise;

(3)               That  it be agreed the future strategy for the re-marketing of the Site should be worked up in conjunction with the cross party Project Board, including future possible uses on the Site (including an ice rink) being feasibility tested and subject to soft market testing, prior to the council returning to the market;

(4)               That in the interim period, it be agreed that the Site should be marketed forthwith for a temporary use to ensure that the overall appearance of the Site can be improved and the Site can be used productively until the outcome of a full procurement exercise is known;

(5)               That any temporary use of the Site is to be agreed by the Economic Development & Culture Committee, who shall take into account the recommendations of the Project Board when referring any proposed temporary disposal to Policy & Resources Committee;

(6)               That it be noted that in regard to the rejection of BAL’s revised proposals in (1) above, the Development Agreement with BAL would automatically terminate on 31^st July 2012.