Decision details

Lease renewal at St. Michael's Gate, Parnwell, Peterborough - APR20/CMDN/100

Decision Maker: Cabinet Member for Housing, Culture and Recreation

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The Cabinet Members:

 

1.         Approved the renewal of the lease at St Michael’s Gate for a term of two years.

2.         Approved associated professional fees and SDLT costs

Reasons for the decision:

This is the most cost effective option in meeting the Council’s need for temporary accommodation.

Alternative options considered:

           The purchase of St Michael’s Gate was considered. However, this option has been discounted in view of the Council’s recently reduced requirement for temporary accommodation.

           Exiting these properties entirely by the 1st May was an alternative option, however the need to rehouse all the tenants in such a short timeframe was seen as too onerous; the longer timeframe allows the Council to plan properly for rehousing the tenants.

Interests and Nature of Interests Declared:

None.

Background Documents:

None.

Publication date: 15/04/2020

Date of decision: 15/04/2020

Effective from: 21/04/2020

Accompanying Documents: