Issue - decisions

Leases for the Fakenham Leisure and Sports Hub Project

08/07/2024 - Leases for the Fakenham Leisure and Sports Hub Project

Decision

RESOLVED to

 

It is recommended to Cabinet to provide approval to:

 

·               Surrender of the lease for the existing leisure centre site to enable the new lease to be entered into.

 

·               Enter into a new 99-year Lease with Fakenham Town Council for the site, which is required to develop the proposed extended leisure centre and 3G all-weather pitch.

 

·               Surrender the current sub-lease to Leisure Centre Operator for the existing Leisure centre.

 

·               Enter into a new Lease with Leisure Centre Operator for the redeveloped leisure centre for the duration of their leisure contact.

 

·               Enter into short term legal agreements with the Leisure Centre Operator to allow them to continue occupation of existing leisure centre during the redevelopment works.

 

·               Delegate approval to the Asset Strategy Manger to agree the exact terms of the above legal agreements.

 

Reason for the recommendations:

 

To facilitate the delivery of the Fakenham Leisure and Sports Hub project, approved at Full Council on the 20th of December 2023