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 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.
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