Issue - meetings
Old Street deed of variation
Meeting: 14/07/2022 - Executive (Item 18)
18 Variance of the terms of leases at 41/47 Old Street and 69/85 Old Street, London EC1 
PDF 261 KB
Additional documents:
Decision:
AGREED RECOMMENDATIONS
Reasons for decision – to generate long-term income from non-operational property assets to provide a much-needed revenue stream to the Council to support frontline services
Other options considered – none
Conflicts of interest / dispensations granted – none
Minutes:
RESOLVED:
That the Corporate Director for Community Wealth Building be authorised to enter into the Deeds of Variation in respect of the leases at 41/47 Old Street and 69/85 Old Street on the terms set out in exempt appendix 1 of the report of the Executive Member for Finance, Planning and Performance, and following consultation with the Corporate Director of Resources.
Reasons for decision – to generate long-term income from non-operational property assets to provide a much-needed revenue stream to the Council to support frontline services
Other options considered – none
Conflicts of interest / dispensations granted – none