Agenda and minutes

15.1     The Lead Member approved as a correct record the minutes of the meeting held on 21 June 2018.

16.1     Reports referred to in the minutes below are contained in the minute book.

To consider excluding the public and press from the meeting for the remaining agenda item on the grounds that if the public and press were present there would be disclosure to them of exempt information as specified in paragraph 3 of Part 1 of the Local Government Act 1972 (as amended), namely information relating to the financial or business affairs of any particular person (including the authority holding that information).

17.1     RESOLVED to exclude the public and press from the meeting for the remaining agenda item on the grounds that if the public and press were present there would be disclosure to them of exempt information as specified in paragraph 3 of Part 1 of the Local Government Act 1972 (as amended), namely information relating to the financial or business affairs of any particular person (including the authority holding that information).

Report by the Chief Operating Officer

18.1     The Lead Member considered a report by the Chief Operating Officer.

DECISIONS

18.2     The Lead Member RESOLVED:: (1) to agree to enter into a 25 year lease at a market rent, with rent-free period corresponding to the Tenant’s initial building works; and,

(2) To delegate authority to the Chief Operating Officer to negotiate and agree the terms of the lease.

Reasons

18.3     The Libraries and Information Service has no requirement for operational use of the property, and a long lease (exceeding 14 years) is appropriate, which would restrict use of the property to community or leisure purposes in accordance with existing planning permission.