Issue details

Lease of the unit in Princess Square for the Library

The provision of a new library and cultural hub in Bracknell town centre

Decision type: Key

Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 27/06/2022

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
Commercially sensitive

Decision due: 20 Sep 2022 by Executive

Lead member: Executive Member for Economic Development & Regeneration

Lead director: Executive Director: Place, Planning & Regeneration

Department: Place, Planning & Regeneration

Contact: Chris Mansfield, Town Centre Co-ordinator Email: chris.mansfield@bracknell-forest.gov.uk Tel: 01344 351614.

Consultation process

Internal service users and town centre stakeholders

Consultees

Internal service users and town centre stakeholders

Making Representations: In writing to the Executive Director: Place, Planning and Regeneration

Financial Impact: • Cost associated with the lease of the building • Capital expenditure to construct the new library facility • Ongoing operational costs

Reason the item will considered in private: Commercially sensitive negotiations with the landlord for the lease and terms of the agreement