Issue details

Purchase of Multi-Storey Car Parks

To recommend that the Council ‘buy-out’ the finance leases for the Leopold Street Ramsgate and Mill Lane Margate, Multi-Storey Car Parks.

Decision type: Non-key

Decision status: Recommendations Approved

Notice of proposed decision first published: 16/12/2016

Decision due: 31 Jan 2017 by Cabinet

Lead member: Councillor Suzanne Brimm cllr-suzanne.brimm@thanet.gov.uk

Lead director: Director of Corporate Governance and Monitoring Officer

Contact: Tim Howes, Corporate Director of Governance and Monitoring Officer Tel: 01843 577906 Email: tim.howes@thanet.gov.uk.

What the decision will mean: To buy the multi-storey car parks with a loan instead of paying rent to make long term budgetary savings.

Decisions

Agenda items

Documents

  • Cabinet report