Issue - meetings
North Walsham Football Club Lease
Meeting: 08/07/2024 - Cabinet (Item 15)
15 North Walsham Football Club Lease 
PDF 144 KB
|
Executive Summary |
Cabinet previously agreed on 5th July 2021 a lease renewal for 21 years, to the existing tenants, The Trustees of North Walsham Football Club. In order to secure funding for a 3G pitch and improvements a longer lease of 25 years is required.
|
|
Options considered.
|
Options previously outlined in 5th July 2021 Cabinet report.
|
|
Consultation(s) |
Leisure and Locality Services Manager Local Members
|
|
Recommendations
|
It is recommended that Cabinet:
|
|
Reasons for recommendations
|
In order for the existing tenant to secure funding for improved facilities at the North Walsham Football Club.
|
|
Background papers
|
None. |
|
Wards affected |
North Walsham |
|
Cabinet member(s) |
Cllr, L Shires, Cllr L Withington |
|
Contact Officer |
Renata Garfoot. Asset Strategy Manager. Renata.Garfoot@North-Norfolk.gov.uk
|
|
Links to key documents:
|
|
|
Corporate Plan: |
Developing our communities |
|
Medium Term Financial Strategy (MTFS) |
The proposed new rent is increased generating additional income to the Council during the lease term. |
|
Council Policies & Strategies |
Asset Management Plan 2018 - 2022 |
Additional documents:
Decision:
Decision
RESOLVED
To agree to a 25-year lease as outlined in the exempt appendix.
Minutes:
Cllr L Shires, Portfolio Holder for Finance & Assets, explained that in July 2021 a report was presented to Cabinet to award a lease to North Walsham Football Club for 21 years. It was now necessary to award a 25 year lease to enable the football club to secure much needed funding for a 3G pitch. She added that the scope of the lease had been widened to support the football club in their aim to achieve financial sustainability via income generation.
It was proposed by Cllr L Shires, seconded by Cllr L Withington and
RESOLVED
To agree to a 25-year lease as outlined in the exempt appendix.