Decision details

Northbank House

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report presents proposals to renew the lease at Northbank House on the Medway City Estate.

Decision:

98/2006 The Cabinet agreed to use the 2003 consent order, so that the property can be let at less than best consideration.
99/2006 The Cabinet agreed to grant the Director of Finance and Corporate Services delegated authority to serve any necessary notices, to take a surrender of the current lease and to grant a new lease and any necessary supplementary agreement(s) in respect of Northbank House.

Reasons for the decision:

To maintain the Council's income flow from the property and to ensure that IPS International continues to deliver training services for the benefit of the area.

Publication date: 25/04/2006

Date of decision: 25/04/2006

Decided at meeting: 25/04/2006 - Cabinet

Effective from: 04/05/2006

Accompanying Documents: