Issue - meetings

Surrender and Re-grant of lease at Oakwood and Wealcroft Leam Lane Gateshead

Meeting: 19/09/2017 - Cabinet (Item 66)

66 Surrender and Re-grant of lease at Oakwood and Wealcroft Leam Lane Gateshead pdf icon PDF 212 KB

Report of the Strategic Director, Corporate Services and Governance

Additional documents:

Minutes:

Consideration has been given to the grant of a new lease of land at Oakwood and Wealcroft, LeamLane.

 

 

 

RESOLVED -

(i)

That the land at Oakwood as set out in the plan attached to the report, be declared surplus to the Council’srequirements.

 

 

 

 

(ii)

That a surrender of the existing lease and authorisation of the grant of a 35 year lease of the land at Oakwood and Wealcroft to the Trustees of Leam Rangers Youth Football Club at an initial annual rent of £1,900, subject to 5 yearly rent reviews be approved.

 

 

 

The above decisions have been made to manage resources and rationalise the Council’s assets inline with the Corporate Asset Strategy and ManagementPlan.