123 Procurement Audit - Macclesfield
To consider the report of the Borough
Solicitor.
Minutes:
Consideration was given to the report of the
Borough Solicitor.
RESOLVED
For the reasons set out in the report: -
That approval be given to enter into
discussions with the current developer on the following basis:
-
- The balance of any renegotiation
must rectify so far as possible the weaknesses of the current
agreement.
- External legal advice from Nabarro
Nathanson should be obtained on procurement, vires and the drafting
of any new agreement.
- External valuers should be retained
to assist with valuation and negotiation.
- The Audit Commission should be made
aware of the position.
- There must be compliance with proper
procurement practices.