Decision

Decision
RESOLVED
 

1.    
Delegate authority to
the Asset Strategy Manager (ASM) to arrange for an independent
rental valuation of the space previously occupied by the RNLI
so as to inform future negotiations for
the long-term lease of these parts of the Rocket House
building. 

2.    
Request that the ASM
undertakes additional enquiries as to the social, economic or environmental factors, as detailed in
the General Disposal Consent Order 2003, prior to agreeing a new
long-term lease with the RNLI.

3.    
Delegate authority to
the ASM to enter into negotiations for the long-term lease of the
premises

4.    
To prepare a further
report to Cabinet once negotiations with the RNLI are finalised to:

·      
Ensure Cabinet are satisfied that one or more of
the General Disposals Consent Order 2003 criteria is
met,

·      
Inform the outcome of negotiations as to rent
proposed,

·      
Inform of the proposed lease Heads of
Terms
 
Reason for the recommendations:
 
To provide an opportunity to
the RNLI tenant, subject due governance
and successful negotiation, to return to the building, under a
long-term lease following completion of repairs.