15.1 The Lead Member considered a report by the Chief Operating Officer together with exempt information contained in a later agenda item.
DECISIONS
15.2 The Lead Member RESOLVED to:
1) Approve settlement of the rent review for Pebsham Waste Transfer Station and Hastings Household Waste Recycling Site dated 1 April 2023 which has been reviewed in accordance with the rent review provisions contained in the lease, as detailed in paragraph 1.4 of the report;
2) Delegate authority to the Chief Operating Officer to document the increase in the form of a rent review memorandum, and take any other actions considered appropriate to give effect to the recommendations in this report; and
3) Delegate authority to the Chief Operating Officer to approve and document future rent reviews due to occur under the existing Lease, in line with the terms of the existing Lease.
REASONS
15.3 The Lease is a legally binding contract and the rent review provision forms part of the obligations the Council has entered into as the tenant.