THAT: Cabinet

a)      Authorises negotiations with the owners of all interests in the land at Faraday Road in an attempt to acquire the land by agreement;

b)     Agrees that the Council will in principle consider using its powers of compulsory purchase to promote an Order for the compulsory purchase of the Land and authorises preparatory steps to be taken as required in tandem with negotiations to acquire by agreement; and

Notes that if the Land cannot be acquired by agreement, a further report confirming the financial implications and options available to the Council, and recommending a preferred course of action, will be prepared for Cabinet.