19 Approval to take a lease on the ground floor offices, 1 Lugard Road, SE15 2HG and of the principle heads of terms
To seek agreement to take a lease of block C, 1 Lugard Road, London SE15 2HG.
Supporting documents:
Minutes:
RESOLVED:
1. That it be agreed to take a lease of Block C, 1 Lugard Road, SE15 2HG (identified on the plan attached to the report), subject to acceptable terms being agreed with the landlord.
2. That authority be delegated to the chief executive to agree detailed lease terms, as recommended by the head of property, and to complete a lease of the premises on the terms (or better) set out in the closed version of the report.
3. That the capital requirements for the acquisition of the lease and fit out costs, as detailed in the closed version of the report be noted and that it will be incorporated into the capital outturn report that is being presented to cabinet in July 2012.