Issue - meetings

Grant of a lease – Former Thomas Hepburn School site, Swards Road, Felling

Meeting: 19/03/2024 - Cabinet (Item 142)

142 Grant of a lease – Former Thomas Hepburn School site, Swards Road, Felling pdf icon PDF 89 KB

Report of the Strategic Director, Housing, Environment and Healthy Communities

 

Additional documents:

Minutes:

Consideration has been given to approve the grant of a 125 year lease in relation to the property at the former Thomas Hepburn School site to XP School Trust Ltd.

 

RESOLVED:

 

(i)               That Cabinet approves the grant of a 125 year lease of the former Thomas Hepburn School site to XP School Trust Ltd.

 

The above decision has been made for the following reasons:

 

(a)             To manage the asset in line with the Councils Corporate Asset Strategy and Management Plan.

 

(b)             To make savings for the Council.