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).

Complete rent review memorandum documenting the outstanding rent review effective as at 9 July 2023.

Reasons for the decision:

The terms of the rent review are in-line with the RPI mechanism within the lease. The proposed rent review 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:

To refer the rent review to the third-party process but this would be costly.

Wards Affected: Abbey;

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: 24/11/2023

Date of decision: 21/11/2023