100 Embankment - 3rd Floor Part Letting

April 22, 2024 Awaiting outcome View on council website
Full council record
Content

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
 

1.   
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.
 

2.   
Approve the payment of a capital sum by the City
Council to facilitate the letting.
 
3.   
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.

 

4.   
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.
 

Details

Decision date22 Apr 2024
Effective from30 Apr 2024
Subject to call-inYes