Decision details

Decision Maker: Deputy Chief Executive (Corporate Services)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Part 3, Schedule 3 – Responsibility for Executive Functions delegated to Officers paragraph 4.3(1) – the Corporate Director has delegated authority to discharge executive functions within their respective service areas (Part3.38). Appendix A of the Council’s Property Dealing Procedure (Part 5.61) provides levels of decision making and the Corporate Director (Corporate Services) is authorised to approve lease renewals and lease under 5years in length

Decision:

To agree terms for a new lease of a vacant Council asset.

Alternative options considered:

Officers have considered not granting the lease but this would leave TDC with a vacant building and without the rental income stream. For this reason non-granting is not recommended and therefore approval is sought for the grant of the lease on the terms described above. No risk is associated with this transaction

Publication date: 11/04/2017

Date of decision: 07/04/2017

Effective from: 27/04/2017