32.1 The Lead Member considered a report by the Chief Operating Officer together with exempt information contained in a later agenda item.
32.2 The Lead Member RESOLVED to:
(1) approve the surrender of the existing head lease of parts of the Performing Arts Centre (PAC) between East Sussex College Group and East Sussex County Council (as Trustee of East Sussex Music Trust).
2) approve East Sussex County Council (as Trustee of East Sussex Music Trust) to take a new 20-year lease of the same accommodation at the Performing Arts Centre from East Sussex College Group on similar terms to the existing lease.
3) approve the grant of an underlease for 20 years (less one day) from East Sussex County Council (as Trustee of East Sussex Music Trust) to East Sussex College.
4) delegate authority to the Chief Operating Officer to determine the detailed terms of the head lease and underlease and take any other legal agreements considered appropriate to give effect to these decisions.
32.3 The Council, as Trustee for the East Sussex Music Trust, to the lease arrangements set out in the report will enable East Sussex County Council (ESCC) to work with partner organisations to put in place the future arrangements for the PAC. These arrangements ensure continued delivery of the current service at no additional cost to ESCC.