164 Surrender and New Lease of Derwenthaugh Marina PDF 203 KB
Report of the Strategic Director, Corporate Services and Governance
Minutes:
Consideration has been given to the surrender of the current lease of Derwenthaugh Marina from Ramesh Dewan (“the Tenant”) and the grant of a new lease for a term of 125 years to the Tenant. |
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RESOLVED - |
(i) |
That the surrender of the current lease of Derwenthaugh Marina and the grant of a new lease for a term of 125 years to Ramesh Dewan, from a date to be agreed, at a rent of £6,800 per annum with a 5 yearly rent review pattern be approved. |
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(ii) |
That the Strategic Director, Corporate Services and Governance be authorised to agree the detailed terms. |
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The above decision has been made to manage resources in accordance with the provisions of the Corporate Asset Strategy and Management Plan. |