34.1 The Lead Member considered a report by the Chief Operating Officer.
DECISIONS
34.2 The Lead Member RESOLVED to:
1) Approve the granting of a 99 year substation lease to Last Mile Electricity Limited; and
2) Delegate authority to the Chief Operating Officer to; determine the detailed terms of the lease, approve the final lease negotiations and the signing of the lease and any related documentation by East Sussex County Council; and, take any other actions considered appropriate to give effect to the recommendations in the report.
REASONS
34.3 The granting of the substation lease will support a public sector partner in the provision of waste collection services in the local area, and the charging of the associated green fleet. The proposed terms are considered to reflect the best consideration for the Site in accordance with s.123 of the Local Government Act 1972.
34.4 Delegation of authority to the Chief Operating Officer to; determine the detailed terms of the lease, approve the final lease negotiations and the signing of the lease and any related documentation by East Sussex County Council; and, take any other actions considered appropriate to give effect to the recommendations in the report will facilitate the timely completion of the lease documentation.