Agenda item

The Cabinet Member for Investment, Regeneration & Tourism and the Cabinet Member for Corporate Service & Performance jointly submitted a report that sought to approve in principle the transfer of assets of Sporting and Leisure facilities, including more broadly any recreational land and associated buildings to community organisations, clubs and associations in accordance with the Councils Community Asset Transfer Policy, at less than best value in order to enable investment, improvement and long-term sustainability.

Resolved that:

1)              The proposed transfers of the plots listed in Section 2.4 (Table 1) of the report be approved in principle.

2)              Authority be delegated to the Director of Place to grant leases of up to a maximum of 125 years in relation to the plots listed in Section 2.4 (Table 1) of the report to the proposed leaseholders for the intended reasons as indicated in the table, providing that the Head of Property Services has considered each of the proposed transfers under the Council’s Land Transaction Procedure Rules and recommends approval of each transfer. The leases to be granted at less than best consideration in accordance with the Councils Community Asset Transfer Policy.

3)              Authority be delegated to the Head of Property Services to negotiate and settle the terms of the proposed leases (and thereafter any required Deeds of Variation) and authority be delegated to the Chief Legal Officer to finalise and enter into the legal documentation on behalf of the Council.