Salford City Council - Record of Decision

I Councillor Tracy Kelly, Deputy City Mayor, in exercise of the powers contained within the City Council constitution do hereby

Approve the letting of 733.46 sqm (7,895 sqft) of space comprising part of the 3rd floor at 100 Embankment on a new 10 year on the provisionally agreed terms.
Approve the payment of a capital sum by the City Council to facilitate the letting.
Delegate authority to the Executive Director Place in conjunction with the Section 151 officer to negotiate, agree, and finalise the detailed terms of the transaction.
Authorise the Shared Legal Service to prepare all necessary documentation and to take all steps which are required to give effect to the above recommendations.

The Reasons are the above approvals allow for the letting of part of the third floor at 100 Embankment.

Options considered and rejected: none

Assessment of Risk: Low

The source of funding is: N/A

Legal advice obtained: Yes - Shared Legal Service

Financial advice obtained: Yes - Alison Woods, Commercial Finance Manager

Procurement Advice obtained: Yes - Heather Stanton Category Manager

HR advice/implications: N/A

Climate Change advice obtained: Yes - This is a CAT A building and is fully compliant with all current Building Regulation requirements.

Public briefing report submitted to Property/Regeneration Briefing on 22 April 2024

Contact Officer:

Stephanie Mullenger - Head of Special Projects

* This decision is not subject to consideration by another Lead Member

Executive Director

* The appropriate scrutiny committee to call-in the decision is the Growth and Prosperity Scrutiny Panel.

Signed: Councillor Tracy Kelly

Deputy City Mayor

Dated: 22 April 2024

* This decision was published on Monday 22 April 2024

* This decision will come in force at 4.00 p.m. on Monday 29 April 202

unless it is called-in in accordance with the Decision Making Process

Rules.