66 Surrender and Re-grant of lease at Oakwood and Wealcroft Leam Lane Gateshead 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. |
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RESOLVED - |
(i) |
That the land at Oakwood as set out in the plan attached to the report, be declared surplus to the Council’srequirements. |
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(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. |
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The above decisions have been made to manage resources and rationalise the Council’s assets inline with the Corporate Asset Strategy and ManagementPlan. |