Decision details
Application to Vary Restrictive Covenant at 3-4 Patrick Pool, York
Decision Maker: Decision Session - Executive Member for Finance and Major Projects
Decision status: Decision Made
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
Purpose of Report: The report sets out details of an application received by the owners of 3-4 Patrick Pool, to vary a restrictive covenant on a currently vacant retail property in the city centre, previously owned by the Council.
The Executive Member is asked to: Agree to the request to vary a restrictive covenant which was imposed when the property was sold so that the property can be used as a public house use in exchange for a one-off capital consideration.
The decision date has been amended to 6 April 2017 (originally scheduled for 10 April 2017), due to the availability of the Leader.
Decision:
Resolved: That the requested variation to the restrictive covenant at 3-4 Patrick Pool so that the property can be used as a public house, as detailed in the report, be approved in exchange for a one-off consideration of £25,000.
Reason: To provide the Council with a one-off consideration in exchange for agreeing to a variation of the covenant.
Report author: Nick Collins
Publication date: 06/04/2017
Date of decision: 06/04/2017
Decided at meeting: 06/04/2017 - Decision Session - Executive Member for Finance and Major Projects
Effective from: 11/04/2017
Accompanying Documents: