Decision details
Commercial Property Portfolio Management
Decision Maker: Leader of Eastbourne Borough Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To agree financial support for the Council’s commercial tenants at Victoria Mansions as a result of disruption to businesses caused by construction works being undertaken on the property.
Decision:
To agree financial support for the Council’s commercial tenants at Victoria Mansions as a result of disruption to businesses caused by construction works being undertaken on the property.
Reasons for the decision:
The Council’s commercial tenants at Victoria Mansions have been impacted by construction works taking place on the property. Strategic Property Board has recommended a package of financial support in order to address this impact which involves a reduction in rent to be received by the Council. As Strategic Property Board is not a decision-making body, a decision is required from the Leader prior to implementation of the rent reduction.
Alternative options considered:
Not applicable
Publication date: 15/05/2020
Date of decision: 15/05/2020
Effective from: 23/05/2020
Accompanying Documents:
- Commercial Property Portfolio Management - Leader Decision
PDF 39 KB - Restricted enclosure View reasons restricted
- General Exception Notice
PDF 122 KB
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted