Purpose

To agree the outcome of a rent
review.

Content

Decision:
Approved an increase in the rent from £174,144 per annum
to £278,500 per annum with effect from the 3 February 2024
rent review.
Reason(s):

1.                
The
proposed settlement represents best consideration.
2.                
The
proposed annual rent secures an excellent increase in the annual
rental income stream for the Council.
Other options considered and
rejected by the Committee:
None.
Details of any conflict of
interest declared by the Leader or lead councillors and any
dispensation granted:
None.