(1) That the update since the development was acquired be noted.

(2) That the proposed Centre / interim Asset Management Strategy be approved.

(3) That £400k capital investment, funded from borrowing, be approved, for necessary repairs to the site to prevent further deterioration in the income stream.

(4) That authority be delegated to the Corporate Director of Place to procure and agree the relevant contracts to implement the Centre / Asset Management Strategy and commission the Project team to develop future site options.

(5) That authority be delegated to the Corporate Director of Governance and Community Strategy to finalise and enter into any documents in order to give effect to the content of the report.