Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Approval was sought to proposed Head of Terms for a new Lease to be offered to Lichfield District Council for the continued use of Friary Leisure Centre from 1 May 2020 following expiration of their 12 months notice period. Details were submitted of the arrangements for the day to day operation of the facility and responsibility for its maintenance. Those arrangements, together with the proposed peppercorn rental were effectively a continuation of existing arrangements.
In view of the short term nature of the proposed tenancy, the transaction did not constitute an undervalue disposal under section 123 of the Local Government Act 1972.
RESOLVED – That approval be given to a new Lease , based on the proposed Heads of Terms now submitted, with Lichfield District Council for the continued use of Friary Leisure Centre from 1 May 2020; the final Terms and any necessary revised Joint Use Agreement to be approved by the Head of Strategic Property, in consultation with the Cabinet Member for Commercial.
Publication date: 03/10/2019
Date of decision: 02/10/2019
Decided at meeting: 02/10/2019 - Property Sub-Committee
Effective from: 09/10/2019