Issue - decisions

Redhill, Lease Arrangements - Autumn 2020

19/10/2020 - Redhill, Lease Arrangements - Autumn 2020

RESOLVED that:

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.