Agenda item

10.1

This report:

1.     seeks the approval of the Finance Committee to enter into a lease for the Council’s occupation of premises situated at the Solpro Business Park; and

2.     sets out the provisionally agreed terms in relation to point 1, above, and as detailed in the Proposal section of this report.

10.2

RESOLVED UNANIMOUSLY: That the Finance Committee, on consideration of the commercial terms, confirms that it is satisfied with the proposed terms and authorises the completion of the lease and any other legal documentation necessary required.

10.3

Reasons for Decision

10.3.1

The proposal to take a lease renewal would enable Housing to continue to function from the subject accommodation and to provide a service to the local community. The proposal will also provide the desired flexibility to allow Housing to relocate should suitable alternative accommodation be identified.

10.4

Alternatives Considered and Rejected

10.4.1

Do nothing.

10.1

The Service Manager (Asset Strategy and Estate Management) presented a report that sought approval to enter into a lease for the Council’s occupation of premises situated at the Solpro Business Park.

10.2

RESOLVED UNANIMOUSLY: That the Finance Committee, on consideration of the commercial terms, confirms that it is satisfied with the proposed terms and authorises the completion of the lease and any other legal documentation necessary required.

10.3

Reasons for Decision

10.3.1

The proposal to take a lease renewal would enable Housing to continue to function from the subject accommodation and to provide a service to the local community. The proposal will also provide the desired flexibility to allow Housing to relocate should suitable alternative accommodation be identified.

10.4

Alternatives Considered and Rejected

10.4.1

Do nothing.