Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: June 16, 2025

Purpose:

Content: RESOLVED:   That the Strategic Investment Board agree that assets are reviewed on a case-by-case basis as laid out in the report.   That the Strategic Investment Board note the decision taken by SHIP to the agreement of a tenant early lease surrender at Park Lodge.   Reasons for Decisions:   To provide clarity to the Strategic Asset management function on the approach to be taken in managing the Council’s directly owned investment and non-operational leased out properties.   The early lease surrender will provide vacant possession for that property and the flexibility for the Council to consider options that are aligned to the strategic principles outlined in this report.    (The decisions on this item can be called-in by the Resources and Performance Select Committee)