RESOLVED

1.            That a joint venture option be the most appropriate delivery vehicle structure for Morden.

2.            That officers be authorised to negotiate a Scheme Delivery Agreement with TfL for an appropriate joint venture structure to deliver the regeneration of Morden Town Centre.

3.            That the Memorandum of Understanding, set out in the exempt Appendix B, between the Council and Transport for London which sets out how the two parties will collaborate on the preparatory works for the procurement of a development partner be noted.

4.            That the procurement of a Project Management Consultant to coordinate and advise on the preparatory works for the procurement of a development partner be noted.