Decision details

Youth Zone Development - Lease and Rent Arrangements

Decision Maker: Cabinet

Decision status: Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Following the decision to develop a Youth Zone in Parsloes Park, the Cabinet will be asked to agree arrangements relating to the lease for the site to OnSide Youth Zones.

Decision:

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.

Report author: Paul Hogan

Publication date: 16/02/2016

Date of decision: 15/02/2016

Decided at meeting: 15/02/2016 - Cabinet

Effective from: 24/02/2016

Accompanying Documents: