Issue - meetings

Commercial rents - deferrals and abatements

Meeting: 18/08/2020 - Cabinet (Item 8)

8 Commercial rents - deferrals and abatements (less exempt appendix) pdf icon PDF 202 KB

Decision:

1.    That the policy to support tenants within council’s portfolio subject to certain conditions be extended for the period to March 2021.

 

2.    That the decision to defer or write off any rent be delegated to the Section 151 officer following recommendation by the Rent Abatement Panel comprising the Cabinet Member: Housing & Assets, Cabinet Member: Finance Strategic Director Place and Corporate Head Asset Management

 

3.    That the write off proposed in the exempt appendix of report CAB3260, totalling £52,432 be approved.

 

Minutes:

Councillor Cutler introduced the report and detailed the level of support provided to commercial council tenants during the pandemic. He explained that the proposed write off of rent and associated ending of the tenancy related to a commercial tenant that was no longer trading and was necessary to secure the re-letting of the property.

 

The Chief Executive advised that, as the council continues to support its commercial tenants during the coming months as stated in paragraph 2.5 of the report, it was proposed that the deferred payment option be the primary support offered, subject to the individual circumstances of the tenant.

 

Cabinet agreed the following for the reasons set out above and outlined in the report.

 

RESOLVED:

 

1.           That the policy to support tenants within council’s portfolio subject to certain conditions be extended for the period to March 2021.

 

2.           That the decision to defer or write off any rent be delegated to the Section 151 officer following recommendation by the Rent Abatement Panel comprising the Cabinet Member: Housing & Assets, Cabinet Member: Finance Strategic Director Place and Corporate Head Asset Management

 

3.           That the write off proposed in the exempt appendix of report CAB3260, totalling £52,432 be approved.


 

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