Content

Exemption from publication: There are
confidential appendices to this report, which are exempt by virtue
of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the
Local Government Act 1972 because they contain information relating
to the financial or business affairs of any particular person
(including the authority holding that information).

Complete rent review memorandum documenting the outstanding rent
review effective as at 9 July 2023.

Reasons for the decision

The terms of the rent review are in-line with
the RPI mechanism within the lease. The proposed rent review will
generate a revenue to support delivery of the Council’s
services and meeting the Council’s obligations under Section
123 of the Local Government Act 1972.

Alternative options considered

To refer the rent review to the third-party
process but this would be costly.