Decision details
Options for Investment Property in Carterton - Recommendation for Lease of Unit in Carterton Industrial Estate
Is Key decision?: Yes
Is subject to call in?: Yes
Decisions:
Councillor Alaric Smith, Executive Member for Finance, introduced the item the purpose of which was to request approval for the Council to grant a lease of an Industrial Unit in Carterton
The Executive considered the recommendations in the report, the terms and commercial viability of the lease and potential future use of the site.
Councillor Smith proposed accepting the recommendations in the report.
Councillor Andy Graham seconded the proposals.
The proposal was put to the vote and agreed unanimously.
The Executive resolved to:
1. Approve the lease on the terms detailed in the report
2. Delegate authority to the Director of Finance, in consultation with the Executive Member for Finance, to approve the final terms of the lease.
Report author: Jasmine McWilliams
Publication date: 10/09/2026
Date of decision: 09/09/2026
Decided at meeting: 09/09/2026 - Executive
Date comes into force if not called in: 18/09/2026
Call-in deadline date: 17/09/2026
Current call-in Count: 0
Accompanying Documents:
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