Issue details


Castle Quay

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.

Decision type: Key

Reason Key: Significant Expenditure or Savings;

Decision status: For Determination

Notice of proposed decision first published: 22/10/2021

Reason for urgency:
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.

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
By virtue of paragraph 3 of Schedule 12A of Local Government 1972

Decision due: November 2021 by Executive

Lead member: Lead Member for Economy, Regeneration and Property

Lead director: Corporate Director Commercial Development, Assets & Investment

Department: Commercial Development, Assests and Investment

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.

Reason No Public Access: Yes - By virtue of paragraph 3 of Schedule 12A of Local Government 1972

Decisions

Agenda items