Decision details
Renewal of Temporary Accommodation Lease - Relta Ltd
Decision Maker: Cabinet - Expired
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To agree to sign a new lease for 34 properties supplied as temporary accommodation for homeless households by Relta Ltd, on or before the expiry of the current lease on 1 June 2015.
Decision:
DECISION
- To note that a ten-year lease with Relta Ltd for the use of 34 properties within Tower Hamlets, currently used as temporary accommodation for homeless households is due to expire on 1 June 2015.
- To agree to a renewal of the lease for a period of five years at an estimated gross cost of £3.7million, with the option to extend for a further five years, and subject to agreement on Heads of Terms.
- To authorise the Head of Service, Housing Options to agree revised Heads of Terms or, if satisfactory Heads of Terms cannot be agreed, to return vacant possession of the 34 properties to Relta Ltd.
Action by:
CORPORATE DIRECTOR, DEVELOPMENT AND RENEWAL (A. DALVI)
(Service Manager, Housing Options and Procurement (C. Cormack)
Report author: Colin Cormack
Publication date: 05/12/2014
Date of decision: 03/12/2014
Decided at meeting: 03/12/2014 - Cabinet - Expired
Effective from: 13/12/2014
Accompanying Documents:
PDF 103 KB