Decision details
Rent Review for the Secretary of State for Work and Pensions Lease of Part of Civic Centre
Reference: D1499
Decision Maker: Leader of the Council
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
Purpose:
To seek approval to agree the rent reviews at
set out in this report in respect of the lease to the Secretary of
State for Work and Pensions of Part of Civic Centre dated 11 July
2014.
Decision:
1)Approval is given to agree the rent reviews
in the amounts as detailed in the report.
2)Delegates authority to the Property Services Manager to sign a
rent review memorandum recording the outcome of the rent
review.
Reasons for the decision:
To allow the Council to agree the rent review
as per the lease.
To obtain enhanced income for the Council.
Alternative options considered:
There is no alternative other than to agree
the reviewed rents as per the lease as the Council is contractually
obliged to agree the rents as per the mechanism.
Publication date: 28/03/2024
Date of decision: 28/03/2024
Accompanying Documents:
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