Letting on Unit at Castle Quay.
Decision type: Key
Reason Key: Significant Expenditure or Savings;
Decision status: Recommendations Approved
Wards affected: Banbury Cross and Neithrop;
Notice of proposed decision first published: 24/06/2022
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 at its 4 July meeting (or being taken as an urgent decision by the Chief Executive if this is not possible) as the next scheduled Executive meeting is in September 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 Chairman of the Overview & Scrutiny Committee has also agreed to waive call-in of the decision to avoid any delay in implementing the decision
Anticipated restriction: Fully exempt -
Explanation of anticipated restriction:
By virtue of paragraph 3 of Schedule 12A of Local Government Act 1972
Decision due: 12 Jul 2022 by Chief Executive
Lead member: Deputy Leader of the Council and Portfolio Holder for Regeneration and Economy
Lead director: Chief Operating Officer Interim
Department: Property
Contact: Chris Hipkiss, Investment Consultant Email: chris.hipkiss@cherwell-dc.gov.uk Tel: 0300 003 0205, Andrew Low, Assistant Director Property Interm Email: andrew.low@cherwell-dc.gov.uk.
Reason No Public Access: Yes - By virtue of paragraph 3 of Schedule 12A of Local Government Act 1972