Decision details
Endeavour House, George Cayley Drive and ADVA Building, Kettlestring Lane - Applications to remove restrictive covenants
Decision Maker: 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 two applications, to lift restrictive covenants in favour of the Council, on office sites in Clifton Moor, in accordance with the Asset Management Policy.
The Executive Leader (Finance and Performance) is asked to decide whether to lift the restrictive covenants on the terms detailed.
Decision:
Resolved: That the request to remove following restrictive covenants be approved:
· Endeavour House, George Cayley Drive (for a capital sum of £13,500)
· ADVA building, Clifton Technology Centre, Kettlestring Lane (for a capital sum of £44,262)
Reason: To enable the provision of apartments at reasonable cost in an area of surplus office accommodation.
Report author: Tim Bradley
Publication date: 14/03/2016
Date of decision: 14/03/2016
Decided at meeting: 14/03/2016 - Decision Session- Executive Member for Finance and Performance
Effective from: 17/03/2016
Accompanying Documents:
PDF 163 KB