Issue - decisions

That the Council enters into an agreement with Ingka covering the following matters:

1.    approval of the estimated cost provided by Ingka.  The final cost will be confirmed following competitive tendering

2.    payment by the Council of up to £1.3 million being the estimate of 50% of the podium cover costs (minus the contribution by the leaseholder) which is required to be paid under the terms of the lease between the Council and Ingka

3.    In the event of a dispute the Council will consent to any application made by the Landlord to the first Tier Tribunal (Property Chamber) in so far as is necessary to give effect to the agreement between the parties

4.    that the service charge liability payable by the Council’s leaseholders to the Council for the proposed works (estimated to be £200,000) will be borne by Ingka in consideration for the Council agreeing to dispense with  requirement for a consultation for the proposed words under  Section 20 of the Landlord and Tenant Act 1985.