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Issue - meetings

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Meeting: 15/10/2020 - Executive (Item 37)

4 The Sector - new lease (Urgent Item)

(Paragraph 3 - information relating to financial/business affairs of particular person)

Purpose:  To recommend the creation of a new lease, for 8,000 sq. ft. (circa 28%) of the office building in Newbury, 4 The Sector, which forms part of the Council’s commercial property portfolio.

Decision:

Resolved that the recommendation in the exempt report be approved.

 

This decision is not subject to call in as:

 

·      a delay in implementing the decision could cause the Council serious financial implications.

 

therefore it will be implemented immediately.

Minutes:

(Paragraph 3 - information relating to financial/business affairs of particular person)

The Executive considered an exempt report (Agenda Item 12) concerning the creation of a new lease, for 8,000 sq. ft. (circa 28%) of the office building in Newbury, 4 The Sector, which formed part of the Council’s commercial property portfolio.

RESOLVED that the recommendations in the exempt report be agreed.

Reason for the decision: as set out in the exempt report.

Other options considered: as set out in the exempt report.