Decision Maker: Cabinet Member for Finance and Performance
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To agree the lease arrangements for the
commercial space at YNTH to enable YNTH Phase 2 to
1. To agree that the Archives will be located on part of the ground floor and basement of the new building that replaces Olive Morris House.
2. To delegate authority to the Head of Valuation and Strategic Assets to enter into a sub-lease in line with this report, to secure a 999-year lease at nominal rent together with an agreement for the development of the Archives and commercial space
3. To authorise the Head of Valuation and Strategic Assets to finalise the terms of the lease and agreement in the best interest of the Council.
4. To delegate authority to the Head of Valuation and Strategic Assets to make a decision on the commercial space, its occupier and enact any necessary lease agreements.
Publication date: 08/09/2020
Date of decision: 16/09/2020
Effective from: 24/09/2020