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Issue - meetings

Proposal to mutually terminate the lease for Askham Bar nursery

Meeting: 24/07/2019 - Decision Session - Executive Member for Finance and Performance (Item 9)

9 Proposal to mutually terminate the lease for Askham Bar nursery pdf icon PDF 233 KB

This report sets out a proposal to terminate the lease between the Council and the tenant of Askham Bar Nursery by mutual agreement. 

 

Additional documents:

Decision:

Resolved: That agreement be given to end the lease at Askham Bar Nursery by way of a lease surrender with a compensation payment of £35,000 being paid to the tenant.

 

Reason:     This will enable the wider redevelopment of the former park and ride site which is allocated for housing allocation in the Draft Local Plan.

 

Minutes:

The Executive Member considered a report that set out a proposal to terminate the lease between the Council and the tenant of Askham Bar Nursery by mutual agreement.  The proposed future early termination of the lease (by signing a deed of surrender) has provisionally been agreed between the Council and its tenant. The Head of Commercial and Operational Asset Management outlined the report.

 

Resolved: That agreement be given to end the lease at Askham Bar Nursery by way of a lease surrender with a compensation payment of £35,000 being paid to the tenant.

 

Reason:     This will enable the wider redevelopment of the former park and ride site which is allocated for housing allocation in the Draft Local Plan.


 

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