Decision details
Lease Variation: Concord and Sycamore House, London Road
Decision Maker: Cabinet Member for Resources and Financial Governance
Decision status: Recommendations approved
Is Key decision?: Yes
Is subject to call in?: Yes
Decision:
RESOLVED:
Cabinet Member for Resources and Financial Governance in consultation with the Leader agrees the following:
1.1 Approve the variation of the existing lease terms for the long leases for Concord and Sycamore House on the basis set out in section 3.2 of this report.
1.2 Note the potential opportunity to secure a further capital receipt through the extension of the lease terms.
Reasons for the decision:
As set out in the report.
Alternative options considered:
As set out in the report.
Publication date: 04/05/2021
Date of decision: 19/07/2021
Effective from: 28/07/2021
Accompanying Documents: