The Director of Finance and
Business Improvement introduced the report and stated that a public
sector body had requested that the Council sub-lease an area of
office space for a period of six months on a fixed term
contract.
The benefits of the proposal
were outlined.
RESOLVED: That
1.
The Director of Finance and Business Improvement be
given delegated authority to negotiate and agree terms for a
sub-lease or licence in respect of part of a floor of Maidstone
House for a term of six months for an agreed rental
income.
2.
The Head of Legal Services be given delegated
authority to complete the necessary legal formalities and all
agreements and deeds arising from or ancillary to the sub-lease or
licence on the terms agreed by the Director of Finance and Business
Improvement or to appoint solicitors to complete such legal
formalities and documents if considered necessary; and
3.
The Director of Finance and Business Improvement be
given delegated authority to vary the terms of the sub-lease or
licence in consultation with the Chair and Vice-Chair of the Policy
and Resources Committee in order to maximise the economic benefits
of the transaction and that the Head of Legal Services be
authorised to complete the necessary legal formalities and all
deeds agreements arising from or ancillary to the
transaction.