Content

Salford City Council - Record of
Decision
 
I,
Councillor Jack Youd, Deputy City Mayor and Lead Member for
Finance, Support Services and Regeneration, in
exercise of the powers contained within the City Council
Constitution do
hereby:
 

1    
Approve the letting of 1,845 sqm
(19,863 sqft) of space comprising the whole of the
5th floor at 100 Embankment on a new
lease.

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

3    
Delegate authority to the Executive 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 the above approvals
allow for the letting of part of the fifth floor at 100
Embankment.
 
Options considered and rejected were:
n/a
 
 
Assessment of Risk:
low
 
 
The
source of funding is: n/a
 
 
Legal
Advice obtained: Shared
Legal Service
 
 
Financial Advice obtained: Alison Woods, Commercial Finance
Manager
 
 
Procurement Advice obtained: No implications - commercial letting
 
 
HR
Advice obtained: n/a there are no HR implications arising from this
proposal
 
 
Climate Change Advice obtained: This is a CAT A building and is
fully compliant with all current Building Regulation
requirements.
 
 
 
The
following documents have been used to assist the decision
process:
Public/briefing report submitted to Property/Regeneration
Briefing on 10th June 2024
 

Contact Officer:  
Stephanie Mullenger, Head of Special Projects, Property and
Estates                                 
stephanie.mullenger@salford.gov.uk
 

-      
This decision is not subject to consideration by
another Lead Member.

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

 

Signed:
Councillor Jack
Youd      
Deputy City Mayor and Lead Member for Finance, Support Services
and Regeneration
Dated:
10th June
2024
 

 

This decision was
published on Monday 10th June, 2024                                              
This decision will come in force at 4.00 p.m. on Monday
17th June 2024 unless
it is called-in in accordance with the Decision-Making Process
Rules