Minor Property Transaction - Substation at Maple Close, Hayes
Minutes:
RESOLVED:
That the Cabinet agree with the terms negotiated by officers as detailed in this report and instruct Property and Estates to complete the lease renewal for 99 years at a peppercorn rent to Scottish & Southern Electricity Networks (SSEN).
Reasons for decision
Cabinet agreed a lease renewal with an electricity provider to expand the capacity of the existing electricity substation and support the increased number of properties currently being developed by the Council at Maple Road.
Alternative options considered and rejected
Alternative options were considered as set out in the confidential report.
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Property, Highways and Transport |
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Expiry date for any scrutiny call-in / date decision can be implemented (if no call-in) |
These decisions can be called-in by a majority of Members on the Select Committee by 5pm, 17 November 2023 |
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Officer(s) to action |
Jacob Davis |
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Directorate |
Place |
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Classification |
Private - Whilst the Cabinet's decisions above are always made public, the officer report relating to this matter is not because it was considered in the private part of the meeting and 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 in accordance with Section 100(A) and paragraph 3 of Part 1 of Schedule 12 (A) to the Local Government Act 1972 (as amended). |