Decision details

The Cabinet will be asked to consider proposals to regularise property leasing arrangements within the Borough, including the formalisation of subsidy arrangements (in relation to property rents) that are in place with external organisations including those in the voluntary and community sectors.

Cabinet resolved:

(i)  To agree that future leases with third parties in respect of Council property assets be at a market rent, with rent subsidy levels considered through the submission of a business case; and

(ii)  To authorise the Chief Finance Officer, in consultation with the Cabinet Members for Finance and Crime, Justice and Communities, to agree the formal policy and scoring mechanism, linked to the delivery of Council priorities, by which rent subsidy levels shall be determined.