Decision type: Key
Decision status: For Determination
Notice of proposed decision first published: 05/06/2020
This decision will be taken under urgency procedures.
Reason for urgency:
The decision is urgent and cannot be deferred because the Property Department has received numerous requests from commercial property tenants seeking financial assistance with rental payments as a result of Covid 19. Despite Government support to businesses during the lockdown period, tenants have still found themselves in exceptional financial difficulty and have turned to the Council as Landlord for assistance.
The support measures need to be implemented urgently to allow Officers to negotiate flexible rental payment terms with tenants, to provide financial support to tenants therefore minimising the risk of tenant failure, and securing income to the Council.
Decision due: Not before 8th Jun 2020 by Leader of the Council
Lead member: Leader of the Council
Lead director: Corporate Director for Development and Growth
Department: Development and Growth
Contact: Beverley Gouveia Email: beverley.gouveia@nottinghamcity.gov.uk Tel: 01158762381.