Issue - decisions

19/00046 - No Use Empty (NUE) update and continuation of the initiative

15/07/2019 - 19/00046 - No Use Empty (NUE) update and continuation of the initiative

As the Leader of the Council, I agree to:

 

(a)  agree to the continuation of the NUE initiative as approved in the Budget Book 2019-20 to at least 2021-22 with a further update to be provided at that time; and

 

(b)  agree that authority be delegated to the Director of Economic Development for the NUE initiative to take appropriate actions including, but not limited to, KCC entering into legal agreements (loan agreements, legal charges, personal guarantees, equity loans, joint ventures, deed of priority, deed of postponement), consider and approve requests which may require KCC consent and discharge of legal charges, recovery of loans through legal action, as necessary to implement this decision.