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Commercial Planned Maintenance (WL) - RULE 3.5.16

 

 

Terms for the proposed capital reinvestment into income generating commercial properties within the Milsom Quarter Masterplan area with the purpose of approving capital programme budget from provisional approval to full budget approval.

Decision type: Key

Decision status: Approved

Notice of proposed decision first published: 14/10/2024

This decision will be taken under urgency procedures.

Reason for urgency:
The urgency relates to the need for securing a decision without delay as tenders for essential maintenance works are time limited and accordingly, they need to be contractually agreed within that time period. Furthermore, it will facilitate the agreement of lettings which are dependent upon this decision ensuring the ongoing use of key Council Commercial properties that will contribute to the economic sustainability and vibrancy of the Milsom Quarter.

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
The exempt appendices contain strategic and financial information which could prejudice the commercial interests of the parties if disclosed at this time.

Decision due: Not before 28th Nov 2024 by Cabinet Member for Resources

Lead director: Executive Director - Resources (S151)

Contact: Carolyn Smallwood, Senior Estates Surveyor Email: carolyn_smallwood@bathnes.gov.uk Tel: 01225477248.

EFP Reference: E3580

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