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.
Decision type: Non-key
Decision status: Recommendations Approved
Wards affected: East;
Notice of proposed decision first published: 07/11/2019
Decision due: 7 Nov 2019 by Cabinet Member for Housing, Culture and Recreation, Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead member: Cabinet Member for Housing, Culture and Recreation, Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead director: Executive Director Corporate Services
Department: Corporate Services
Contact: Tristram Hill, Strategic Asset Manager 07849 079787 Email: tristram.hill@peterborough.gov.uk.
Consultation process
The Council has been consulted about the
purchase of the site however governance is also required concerning
a short term lease which supports the decision to acquire the
site.
Relevant Scrutiny Committee: Adults and Communities Scrutiny Committee