Decision Maker: Executive
Decision status: For Determination
Is Key decision?: Yes
Is subject to call in?: Yes
Exempt report
Reason for urgency: Lease completion is imminent and it had been anticipated this could be signed under delegated powers, however it requires a decision of Executive and any delay would impact on the project timetable. The decision is key due to the financial impact and the Chairman of the Overview & Scrutiny Committee has been notified accordingly. The decision is exempt as it relates to the financial affairs of the authority and the Chairman of the Overview & Scrutiny Committee is in agreement that the item can be considered having regard to the urgency and financial information contained.
The Corporate Director – Commercial Development, Assets and Investment submitted an exempt report in relation to Castle Quay.
At the discretion of the Chairman, Councillor Middleton addressed Executive.
Resolved
(1) As set out in the exempt minutes.
(2) As set out in the exempt minutes.
Reasons
As set out in the exempt minutes.
Alternative options
As set out in the exempt minutes.
Reason Key: Significant Expenditure or Savings;
Corporate Priorities : An enterprising economy with strong and vibrant local centres;
Reason No Public Access: Yes - By virtue of paragraph 3 of Schedule 12A of Local Government 1972
Declarations: None
Subject to Urgent Proceedings: No
Contact: Chris Hipkiss, Investment Consultant Email: chris.hipkiss@cherwell-dc.gov.uk Tel: 0300 003 0205, Michael Furness, Assistant Director Finance & S151 Officer Email: michael.furness@cherwell-dc.gov.uk Tel: 01295 221845.
Report author: Chris Hipkiss
Publication date: 02/11/2021
Date of decision: 01/11/2021
Decided at meeting: 01/11/2021 - Executive
Effective from: 06/11/2021