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:

 

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