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Issue - meetings

Ferryhill Engine Shed Lease - CHI/17/127

Meeting: 01/02/2018 - Finance, Policy and Resources Committee (Item 28)

Ferryhill Engine Shed Lease - CHI/17/127

Decision:

to approve the recommendations contained within the exempt report.

 

Minutes:

With reference to article 9 of the minute of meeting of the Property Sub Committee of 2 September 2015, the Committee had before it a report by the interim Director of Communities, Housing and Infrastructure which sought approval to grant a new long term lease of the engine shed and grounds to the Ferryhill Railway Heritage Trust (the Trust).

 

The report recommended:-

that the Committee –

(a)       approve the proposed terms for a new 50 year lease to the Trust; and

(b)       instruct the Head of Legal and Democratic Services to formalise the lease incorporating appropriate terms and conditions to protect the Council’s interest.

 

The Committee resolved:-

to approve the recommendations.