Issue details

Approve capital spend for conversion of remaining laboratories and ancillary works at The King Centre

To generate additional revenue for the Council and reduce costs in that responsibility for NNDR payments will pass to the incoming tenants. A payback period of less than 12 months renders this a straightforward and economically viable proposal. It will also provide space for four additional business tenants with associated economic and employment benefits. Clearly the roof repair on the first floor is essential to enable these new spaces to be let and to futureproof the building going forwards.

Decision type: Key

Reason Key: Significant Expenditure for Relevent Service/Function;

Decision status: Recommendations Approved

Notice of proposed decision first published: 15/10/2018

Decision due: 15 Oct 2018 by Chief Executive

Contact: Mrs Helen Briggs, Chief Executive Email: helen.briggs@rutland.gov.uk.

Decisions