Decision details

Tutbury Youth Centre - Proposed Renewal of Lease

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Decisions:

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

Accompanying Documents: