Purpose

To seek approval to agree the rent reviews at
set out in this report in respect of the lease to the Secretary of
State for Work and Pensions of Part of Civic Centre dated 11 July
2014.

Decision

1)Approval is given to agree the rent reviews
in the amounts as detailed in the report.
2)Delegates authority to the Property Services Manager to sign a
rent review memorandum recording the outcome of the rent
review.

Reasons for the decision

To allow the Council to agree the rent review
as per the lease.
To obtain enhanced income for the Council.

Alternative options considered

There is no alternative other than to agree
the reviewed rents as per the lease as the Council is contractually
obliged to agree the rents as per the mechanism.