Decision details
Decision Maker: Corporate Director Planning, Growth and Sustainability
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
Exemption from publication: There are
confidential appendices to this report, which are
exempt by virtue of paragraph 3 of Schedule 12A of Part 1 of
Schedule 12a of the Local
Government Act 1972 because they contain information relating to
the financial or business
affairs of any particular person (including the authority holding
that information).
The grant of a new 5-year term, inside the Act lease to Hutchinson
3G UK Ltd
Reasons for the decision:
The terms of the new lease are in line with
the market. The proposed
lease will generate a revenue to support delivery of the
Council’s services and meeting the
Council’s obligations under Section 123 of the Local
Government Act 1972.
Alternative options considered:
Not to progress with the new lease. This
would result in Hutchinson 3G UK Ltd vacating the unit with
resultant void costs falling to the
Council
Wards Affected: Aylesbury North;
Details of any conflict of interest declared: There are no known conflicts of interest.
Contact: John Reed, Director of Property & Assets Email: John.Reed@buckinghamshire.gov.uk.
Publication date: 05/07/2023
Date of decision: 04/07/2023