Decision details

To take an option to lease up to 17,000sqft of new office space in Waterside for onward letting to external businesses and organisations to promote economic development.

(1)       Delegate authority to the Strategic Director (City Development & Neighbourhoods) to agree to enter into an option for lease at the Vaughan Way / Great Central office development on the terms outlined in this report; and

(2)       Delegate authority to the City Barrister and Head of Standards to enter in to the agreement based upon the terms as agreed by the Strategic Director (City Development & Neighbourhoods).

NOTE:

Parts of the report and Appendix 3 are exempt from publication.

The detailed terms of the agreement / financial implications / legal implications  to the report are marked ‘Not for Publication’ because they contain exempt information as defined in paragraphs 3 and 5 of Part 1 of Schedule 12A of the Local Government Act 1972 as amended: i.e. and ‘’Information relating to the financial or business affairs of any particular person (including the Authority holding that information)’’ and “Information in respect of which a claim to legal professional privilege could be maintained in legal proceedings.”

To facilitate the delivery of office space in the Waterside development. 

Not to facilitate the delivery of office space as part of the Waterside Development.