Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Sub-Committee considered a request to renew the lease of Tutbury Youth Centre to Tutbury Old School Community Association Limited for a further 10 year period at a peppercorn rental. The estimated value of the property was reported along with details of the current use by the community and a Business Plan for its ongoing maintenance and management.
Members discussed the potential merits of the inclusion of a break clause in the terms of new Lease.
As the local member for the area, Mr P White reported on the valuable community work being carried out at the Centre.
RESOLVED – That approval in principle be given to the renewal of the lease to the Tutbury Old School Community Association Limited for a further 10 year period at undervalue for a peppercorn rental; the final Terms of the Lease to be approved by the Head of Property.
Publication date: 07/03/2019
Date of decision: 06/03/2019
Decided at meeting: 06/03/2019 - Property Sub-Committee
Effective from: 13/03/2019