1. That approval be given to seek open market tenders for the grant of a lease for a term of 50 years for the area shown on the plan attached to the Committee report.
2. That consideration be given to all offers and that approval be given, or sought in line with Council’s Constitution, of any offer received.
3. That the Lease be advertised on the following terms: -
· 50 year lease contracted out of the Landlord and Tenant Act 1954;
· Restricted user clause allowing community uses;
· Rental premium and or annual rental for the term of lease; and
· The open market tender process be followed.