Decision details

Summary of Decision

The Cabinet Member has approved the principle of the granting of the lease on the terms set out in Appendix A of this report, and delegated authority to the Director of Corporate Property following consultation with the Executive Director of Finance and Resources, to approve the Council entering into a new lease and any ancillary legal agreements thereto.

Reasons for Decision

The granting of the lease is recommended to generate the optimum social value and financial outcome for the Council’s General Fund.