Issue - decisions

Youth Zone Development - Lease and Rent Arrangements

16/02/2016 - Youth Zone Development - Lease and Rent Arrangements

Cabinet resolved to:

 

(i)  Agree to provide a grant to the Barking and Dagenham Youth Zone equivalent to the annual rental of £5,800 that would be paid for the duration of the 125 year lease with RPI (or successor indicator) linked reviews at 25-year intervals, providing the conditions of use are upheld, as detailed in Option 3 in the report; and

 

(ii)  Note that the annual rental grant shall be subject to the Youth Zone securing planning approval.