That the Cabinet agrees:
i. to the transfer of the grassed area (as identified in Appendix 1 of the Officer’s report) at the front of Langley Court to Luminus, subject to a clawback arrangement as detailed in paragraph 3.5 of the Officer’s report.
ii. to the continued support of the Langley Court development by the provision of loan finance at nil cost to the Council.
iii. that the Head of Resources, as the Section 151 Officer, be authorised to make the loan following consultation with the Executive Councillor for Resources (and a satisfactory Due Diligence report from the Council’s Treasury Management Advisors).