Decision Maker: Commercial Ventures Executive Sub-Committee
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To consider lease arrangements for a Redhill
1. the Director of Commercial and Investment, in consultation with the Head of Legal and Governance, the Head of Finance, the Chair of the Commercial Ventures Executive Sub-Committee and the Portfolio Holder for Finance, be authorised to enter into all agreements necessary to transfer the lease of the hotel premises at London Road from Travelodge to a new operator and to enter into an agreement with that new operator as set out in the Part 2, Redhill, Lease Arrangements – Autumn 2020 - Exempt report; and
2. the transfer of the lease of the hotel premises at London Road to a new operator be exempt from the Council’s Contract Procedure Rules for the reasons set out in the Part 2, Redhill, Lease Arrangements – Autumn 2020 - Exempt report.
Reason Key: Expenditure > £250,000;
Corporate Priorities : A great place to live and work.;
Wards Affected: Redhill East; Redhill West and Wray Common;
Contact: Daniel Jones, Property Services Manager Email: Daniel.Jones@reigate-banstead.gov.uk Tel: 01737276872, Steve McLeod, Principal Asset Manager Email: firstname.lastname@example.org Tel: 01737 276074.
Report author: Daniel Jones
Publication date: 19/10/2020
Date of decision: 15/10/2020
Decided at meeting: 15/10/2020 - Commercial Ventures Executive Sub-Committee
Effective from: 27/10/2020