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The Committee gave consideration to a report which highlighted the assessment of the final propositions and candidates selected as preferred bidders to move into the interview process and detailed negotiations. The report also noted the completion of the retail study, which supports commercial development of the site.

Members agreed that they wished to discuss the information contained within the exempt appendices of the report and resolved in terms of Section 50(A)(4) of the Local Government (Scotland) Act 1973 to exclude the press and public for the following item of business on the grounds that it was likely to involve the disclosure of exempt information as defined in Paragraph 9 of Part 1 of Schedule 7A to the Local Government (Scotland) Act 1973.

Decision

The Helensburgh and Lomond Area Committee:

1.    noted and considered the content of the retail study completed by Colliers Surveyors at Appendix A, which supports commercial development of the site to support the long-term viability of the town centre;

2.    noted and considered the varied interest in the site and the summary of the five proposals received as outlined in paragraph 4.4 and in Appendix B;

3.    noted and considered, commercial consultant, Avison Young’s review of the proposals attached as Appendix D;

4.    noted and approved the Property Development Working Group’s assessment on 19th January 2024 of the 5 proposals with 2 being selected as preferred bidders as outlined in Appendix C;

5.    noted appendices B, C & D are publically restricted given commercially and financially sensitive nature of the live bidding process; and

6.    agreed that a Business Day be held following the interview process and before the final report is presented to the Policy and Resources Committee.

(Reference: Report by Executive Director with responsibility for Commercial Â鶹Ãâ·Ñ°æ, dated 12 February 2024, submitted)

Following consideration of the information contained within the exempt appendices of the report the Area Committee welcomed the press and public back to the meeting.

Councillor Paul Kennedy left the meeting during consideration of the following item of Business.