Issue - decisions
Update on Land Assets on Piccadilly (formerly known as Demolition of Castle Mills Car Park)
Resolved: That Executive agree to:
(i) Grant Spark:York a three year lease for the use of 17-21 Piccadilly from Spring 2017 to build and operate a shipping container development for start-ups and street food, subject to them:
· Securing finance
· Securing planning permission
(ii) Note the use of the remaining capital demolition budget of £40k to provide utility services to site, the cost of which would be recovered through Spark:York’s rent over the term of their tenancy.
Reason: (i) To allow the meanwhile use of 17-21 Piccadilly to drive the regeneration of the area in advance of the sites long term redevelopment.
(iii) To provide the necessary utilities to the site to allow the meanwhile use to proceed.