Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: February 4, 2025

Purpose: To seek Cabinet’s authority to write off arrears of rent, insurance and service charges that are now deemed irrecoverable associated to the subject property (“the Property”).

Content: The Cabinet has considered a proposal to write off arrears of rent, insurance and service charges in the sum of £175,753.19 that are now deemed irrecoverable associated to the subject property and has:-   (1)  Given approval to write off the arrears of rent, insurance and service charges totalling £175,753.19 that are now deemed irrecoverable as detailed within this report.   (2) Note that the Deputy Chief Executive has the existing delegated authority to proceed to terminate or receive the surrender of the lease in relation to the Property following the approval of the write off of the arrears associated with the tenancy.   (NOTE: The report contained a ‘not for publication’ appendix that had been circulated to members of the Cabinet only).

Alternative options considered: None.