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Decision details

Pioneer Business Park – Application to remove restrictive covenant

Decision Maker: Decision Session- Executive Member for Finance and Performance, Executive Member for Finance & Performance

Decision status: Decision Made

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Purpose of Report: To report on an application to lift the restrictive covenant in favour of the Council on an office site in Clifton Moor in accordance with the Asset Management Policy


The Executive Leader is asked to decide whether to lift the restrictive covenant on the terms detailed

 

This decision will be taken at a public Executive Leader Decision session on 29 June 2015.

 

Decision:

Resolved:  That the request to remove the restrictive covenant be

                   approved in return for the capital sum of £122,250.

 

Reason:     To enable the provision of apartments at reasonable cost in an area of surplus office accommodation.

 

Report author: Philip Callow

Publication date: 29/06/2015

Date of decision: 29/06/2015

Decided at meeting: 29/06/2015 - Decision Session- Executive Member for Finance and Performance

Effective from: 02/07/2015

Accompanying Documents:

 

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