Decision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Executive considered a report which set out the proposed agreement between the council and the Academy of Contemporary Music (ACM) who were tenants of the Council owned Riverside Centre, on Town Wharf. The ACM wished to give up their leasehold interest in the subject property which was surplus to their requirements following the relocation of their student union elsewhere.
RESOLVED, the officer recommendation to enter into a deed of surrender on the lease for the Riverside Centre was approved.
The ACM was a local education provider that brought students and benefits into the Town Centre and which leased several properties from the Council.
Report author: Dawn Hudd
Publication date: 25/02/2022
Date of decision: 24/02/2022
Decided at meeting: 24/02/2022 - Executive
Effective from: 05/03/2022