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Issue - meetings

Langdykes Road – Lease of Ground - CHI/17/313

Meeting: 01/02/2018 - Finance, Policy and Resources Committee (Item 29)

Langdykes Road - Proposed Ground Lease - CHI/17/313

Decision:

to approve the recommendations contained within the exempt report.

 

Minutes:

The Committee had before it a report by the interim Director of Communities, Housing and Infrastructure which advised of an approach made by a company to enter into a long term ground lease for an area of ground of circa 0.064 hectares (0.157 acres) which was required in relation to the development of a sub-station as part of the wider proposals for the development of an offshore windfarm.

 

The report recommended:-

that the Committee –

(a)       approve the proposal for the Council to enter into a long term ground lease of the subjects; and

(b)       instruct the Head of Legal and Democratic Services to conclude the appropriate legal agreements incorporating various qualifications as are necessary to protect the Council’s interests.

 

The Committee resolved:-

to approve the recommendations.