Decision Maker: Executive Member (Resources)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Decision Made:
That the terms reported are agreed and authority confirmed to allow Initial Parking Limited to move from Office 40 to Office 6 under the grant of a new lease.
That authority be granted to issue instructions to the Director of Governance to complete the legal formalities as soon as possible.
That authority be delegated to the Director of Planning and Property to approve any variations to the terms agreed subsequently.
Reasons for decision:
To promote economic growth.
Other options considered and rejected:
Not to accept the terms proposed would leave the office without a tenant and the Council would forgo the income from rent and service charge.
Publication date: 07/08/2024
Date of decision: 05/08/2024
Effective from: 15/08/2024
Accompanying Documents: