St Michael’s Gate Short Term Lease Renewal - NOV19/CMDN/50
Decision Maker: Cabinet Member for Housing, Culture and Recreation, Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Cabinet Members:
1. Approved the renewal of the current St Michael’s Gate lease until such a time as the acquisition of the freehold has completed, to a value up to and including £499,999.
2. Approved the payment of any related professional fees of £1,950 + VAT.
Reasons for the decision:
In order to retain secure and legal occupation of this housing used for temporary accommodation.
Alternative options considered:
The Council could wait until the acquisition completes without a lease, however our lawyers have advised against this as the Council could be evicted with immediate effect.
Interests and Nature of Interests Declared:
Publication date: 07/11/2019
Date of decision: 07/11/2019
Effective from: 13/11/2019