Voluntary Sector Leasing - (Cllr Jonathan Bianco)
Minutes:
RESOLVED:
That Cabinet agrees the rents provisionally agreed by officers with the seven voluntary sector organisations detailed at Appendix A, the five detailed at Appendix B and the one further organisation detailed in the main report, and instructs officers to complete the appropriate rent review memoranda and lease documentation.
Reasons for decision
Cabinet agreed the proposed rents because the letting of property at less than the full market rent constitutes a disposal at less than best consideration and the decision to do so requires final Cabinet approval. In doing so, the approval of the terms provisionally agreed by officers and granting the organisations concerned discounts in rent complied with the Voluntary Sector Leasing Policy agreed in July 2004.
Alternative options considered and rejected
Cabinet could have chosen not to apply the Voluntary Sector Leasing Policy or chosen to approve one or more cases but not others.
Officers to action:
Greg Morrison, Finance and Resources
Exempt Information
This report was included in Part II as it contained information relating to the financial or business affairs of any particular person (including the Authority holding that information) and the public interest in withholding the information outweighed the public interest in disclosing it (exempt information under paragraph 3 of Part 1 of Schedule 12A to the Local Government (Access to Information) Act 1985 as amended.