Issue - meetings

Report of Assistant Director Wellbeing and Housing

Purpose of report

To activate the extension within the existing lease with Punch Taverns (Jubilee) Limited for 1 year

Recommendations

The Executive resolves:

1.1         To approve the exercise of an option within the existing lease allowing the Council to take a further lease of the premises for one year.

Resolved

(1)           That it be agreed to exercise of an option within the existing lease allowing the Council to take a further lease of the premises for one year.

The Assistant Director Wellbeing and Housing submitted a report to activate the extension within the existing lease with Punch Taverns (Jubilee) Limited for 1 year.

Resolved

(1)          That it be agreed to exercise of an option within the existing lease allowing the Council to take a further lease of the premises for one year.

Reasons

Exercising the option within the existing Musketeer lease and entering a new lease for use of these premises would avoid a short term rise in costs attributed to temporary accommodation linked to the use of other commercial hotels. This would also allow for other opportunities to be explored for temporary accommodation in the medium and long term.

Alternative options

Option 1: Not agree to exercise the option in the existing lease to take a new lease of the accommodation at the Musketeer for one year and to vacate these premises at the end of the existing lease. This is a consideration but is rejected because it would lead to a short term rise in costs due to placements of households in more expensive commercial hotels.

Option 2: Enter negotiations for a new lease for a term longer than one year. This is a consideration but is rejected at the current time due to the review of our own stock and other potential opportunities outlined in the report. Following the review, it may be a result that a new lease is required as the best way to assist in the discharge of the Council's temporary accommodation function.