Issue - meetings

To receive a verbal update on an urgent action taken on 9 July 2020 in relation to the letting of part 1st floor Charter Building, Uxbridge and part ground floor, Porter Building Slough.

Reason for Exemption

This verbal update is likely to contain exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to information) (Variation) Order 2006:

Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because if potential tenants were aware that the Council publish commercial information prior to leases being completed, they would be dissuaded from transacting with the authority and this may put the authority at a disadvantage in securing tenants for its properties.

The Portfolio Holder for Asset Management, Councillor J. McIlroy provided the Committee with a verbal update on a lease agreed at an asset, under an urgent action approval dated 9 July 2020.

He reported on the deviation from the original budget for the cost of the works to accommodate the tenant. This was considered acceptable.

The Committee agreed to note the acceptable deviation from the original budget for the cost of the works to accommodate the tenant in relation to this urgent action approval.

To receive a verbal update on an urgent action taken on 9 July 2020 in relation to the letting of part 1st floor Charter Building, Uxbridge and part ground floor, Porter Building Slough.

Reason for Exemption

This verbal update is likely to contain exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to information) (Variation) Order 2006:

Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because if potential tenants were aware that the Council publish commercial information prior to leases being completed, they would be dissuaded from transacting with the authority and this may put the authority at a disadvantage in securing tenants for its properties.