11. Whitelands Farm Sports Centre - Grant of Lease and Transfer of Commuted Funds PDF 393 KB
Report of Assistant Director Property
Purpose of report
Proposal for the future operation and long-term management of Whitelands Farm Sports Centre and grant of a long leasehold interest of Whitelands Farm Sports Centre to Bicester Town Council.
Recommendations
The Executive resolves:
1.1 To approve ‘in principle’ (pending completion of the advertising requirements described below) the grant of a new 90-year lease at a peppercorn rent to Bicester Town Council to operate and manage the Whitelands Farm Sports Centre.
1.2 To approve the transfer of a commuted sum of £30,000 to Bicester Town Council upon completion of the lease.
Additional documents:
Decision:
Resolved
(1) That authority be delegated to the Assistant Director Property to enter into a 90-year lease of Whitelands Farm Sports Centre at a peppercorn rent to Bicester Town Council subject to completion of the legal formalities and advertising requirements described below.
(2) That the transfer of a commuted sum of £30,000 to Bicester Town Council upon completion of the lease be approved.