Issue - meetings
Endeavour House, George Cayley Drive, Clifton Moor and ADVA Building, Kettlestring Lane, Clifton Moor - Applications to remove restrictive covenants.
Meeting: 14/03/2016 - Decision Session- Executive Member for Finance and Performance (Item 24)
This report sets out details of two applications to lift restrictive covenants of office sites on Clifton Moor for low-cost residential development.
Additional documents:
- Annex A - Asset Management Policy on lifting of restrictive covenants at Clifton Moor, item 24
PDF 146 KB
- Annex B - Site Plan Endeavour House George Cayley Drive, item 24
PDF 379 KB
- Annex B - Site Plan Kettlestring Lane Clifton Moor, item 24
PDF 355 KB
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.
Minutes:
The Executive Leader considered a report which set out details of two applications to lift restrictive covenants of office sites on Clifton Moor for low-cost residential development. The application was in accordance with the Asset Management Policy on lifting restrictive covenants on Clifton Moor and capital receipts had been agreed in accordance with the policy.
The Executive Leader considered the options open to him, as detailed in paragraphs 14 and 15 of the report.
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.