To consider a report of the Executive Member for Investment, Regeneration and Strategic Planning. 

NOTE: A related report is to be considered in Part I of this agenda.

The Executive Member for Investment, Regeneration and Strategic Planning submitted a report which set out financial details relating to the proposal for the Council to receive a share in a capital receipt following the disposal of the development of Clarendon House by Lunar Altrincham S.A.R.L (‘Lunar’) in exchange for the Council re-gearing Lunar’s existing leasehold interest. All details of formal resolutions are set out at Minute 5 above.