Issue details

Site 6b Saltmeadows Road

To seek Cabinet approval of the re-gearing of a ground lease to facilitate redevelopment of a redundant building

Decision type: Key

Reason Key: Expenditure > £250,000;

Decision status: For Determination

Notice of proposed decision first published: 18/08/2020

Anticipated restriction: Fully exempt  -

Explanation of anticipated restriction:
This matter is considered to be commercially confidential and contains exempt information, as detailed below:

1. The report will contain “exempt” information which falls
within paragraph 3 of part 1 of schedule 12A to the Local
Government Act 1972 (“Information relating to the financial
or business affairs of any particular person (including the
authority holding the information)”;
and
2. "In relation to the “exempt” information, it has been determined that the public interest in maintaining the exemption outweighs the public interest in disclosing the information because disclosure would adversely impact the authority’s ability to manage its commercial financial and business affairs."

Decision due: 15 Dec 2020 by Cabinet

Contact: Steven Hayles, Property Manager Email: stevenjhayles@gateshead.gov.uk Tel: 0191 433 3466.