Issue - meetings

Walderslade Village Library Renewal of Lease

 

 

Meeting: 05/07/2011 - Cabinet (Item 11)

11 Walderslade Village Library Renewal of Lease pdf icon PDF 18 KB

Minutes:

Background:

 

This report provided details of a proposal to take a new lease of Walderslade Village Library on the best terms reasonably available.

 

It was noted that the Council was holding over in occupation of the library premises as a protected tenant under the terms of a 25-year lease that commenced in 1986. Negotiations had commenced with the Landlord’s Agents with a view to obtaining a new lease of up 25 years incorporating tenant only break clauses at five yearly intervals.

 

Decision number:

 

Decision:

78/2011

The Cabinet delegated authority to the Assistant Director of Housing and Corporate Services, in consultation with the Portfolio Holder for Finance, to enter into a new lease agreement of not more than 25 years with tenant only break clauses and otherwise on the best terms reasonably obtainable.

 

Reasons:

 

To preserve the quality of the library network as the facility is a vital part of the service available to the public.