Issue - decisions

RESOLVED that:

1. The Trustees of Third Sector Services be granted a full repairing and insuring lease of the above premises for a term of 15 years and at a rent to be stated in the lease of £10,560 per annum (exclusive) and subject to five yearly rent reviews.
2. Authority be delegated to the Head of Property & Asset Management, in consultation with the Head of Legal Services, to negotiate and finalise the remaining lease terms with the Trustees of Third Sector Services
3. Subject to the Head of Property and Asset Management reaching an early and satisfactory agreement on all lease terms, the subsidised rent of 100% of the rent in accordance with the Council’s agreed Property Lettings and Disposals to the Third Sector policy be approved.
4. The subsidy is to be fully reviewed at the same time as the corresponding five yearly rent review dates.