Decision details

Land and Property Transactions - IEDN 030

Decision Maker: Deputy Leader: City Housing

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

This report seeks approval to proceed with land and property transactions and their terms as detailed therein.

Decision:

1.       The Cabinet Member for City Assets and Housing in consultation with the Director of City Assets and Housing approved the completion of the following transactions:

a.       Low Hill Offices – Variation to Heads of Terms for new lease to Wolverhampton Homes.

b.       Epic Café, 11-15 Lichfield Street – Settlement of dilapidations claim at void property.

c.       10 King Street, City Centre - Settlement of dilapidations claim at void property.

2.   The Cabinet Member for Resources in consultation with the Director of Finance:

3.   Approved the transfer from the Budget Contingency Reserve to meet the dilapidations claim in respect of Epic Café, 11-15 Lichfield Street.

Publication date: 27/08/2019

Date of decision: 13/08/2019

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