Land and Property Transactions - Corporate Landlord (CRP 004)
[To seek approval to enter into a settlement agreement]
Additional documents:
Decision:
1. That the execution of a settlement agreement between the Council as landlord of Bilston Town Hall and Gazebo as the tenant extending occupation of part of the premises until 14 December 2018 be approved.
2.
That the payment of the sums detailed in the report
as part of the settlement agreement to assist Gazebo with
re-location costs and acquire in-situ equipment within Bilston Town
Hall currently owned by Gazebo to be used by the Council for
ongoing community service delivery be approved.
3. That the use of the Budget Contingency Reserve to fund the payment to Gazebo be approved.
Minutes:
Councillor Peter Bilson presented the report that sought
approval to enter into a settlement agreement with Gazebo to
facilitate a temporary extension of the previous lease up to and
including 14 December 2018.
Resolved:
1. That the execution of a settlement agreement between the Council as landlord of Bilston Town Hall and Gazebo as the tenant extending occupation of part of the premises until 14 December 2018 be approved.
2.
That the payment of the sums detailed in the report
as part of the settlement agreement to assist Gazebo with
re-location costs and acquire in-situ equipment within Bilston Town
Hall currently owned by Gazebo to be used by the Council for
ongoing community service delivery be approved.
3. That the use of the Budget Contingency Reserve to fund the payment to Gazebo be approved.