100 Embankment, Letting of 2nd Floor

April 24, 2023 Approved View on council website
Full council record
Content

Salford City Council - Record of
Decision
 
I,
Councillor Tracy Kelly, Deputy City Mayor in exercise of the powers
contained within the Salford City Council constitution do
hereby:
 
1            
Approve the letting of
979.15 sqm (10,539sqft) of space comprising the remaining part of
the 2nd floor at 100 Embankment, to the party and on the
provisionally agreed terms.

 
2            
Approve the payment of a capital sum by the City
Council to facilitate the letting

3         
Delegate authority to the Strategic Director Place, in conjunction
with the S151 officer, to negotiate, agree and finalise the detailed terms of the
transaction.

4         
Authorise the Shared Legal Service to
prepare all necessary documentation and to take all steps which are
required to give effect to the above recommendations.
 
The
Reasons are that this will secure a letting to government covenant
and shows confidence in the New Bailey area, as well as generate a
rental income for the Council
Assessment of Risk:
Low
 
The source of funding
is Capital Programme 2023/24
(see (2) above)
 
Legal Advice: Rebecca Maddison,
Head of Commercial and Strategic Development (Legal)      
 
Financial Advice obtained: Yes - David Mills, Strategic Finance
Manager
        
                                    
Procurement advice: Anthony
Hilton, Strategic Head of Procurement
 
HR advice obtained:
n/a
 
Climate Change advice:
n/a
 
The following documents have
been used to assist the decision process:
 Public briefing report submitted to
Property/Regeneration Briefing on 24 April 2023
 
Contact Officer: Stephanie Mullenger, Strategic Asset
Consultant                           
Telephone number: 07810
158682

 
This decision is not subject to
consideration by another lead member strategic director.

 

The appropriate scrutiny
committee to call-in the decision is the Growth and Prosperity Scrutiny Panel.

 

 

Signed:
Councillor Tracy Kelly
Deputy
City Mayor
24
April 2023
 

This decision was
published on Monday 24th April
2023

This decision will
come in force at 4.00 pm on Tuesday 2nd May 2023 unless
it is called-in in accordance with the Decision-Making Process
Rules.
 

Details

OutcomeRecommendations Approved
Decision date24 Apr 2023
Subject to call-inYes