1. That approval be given for the property known as the Broken Cross Pavilion (Jasmine Park), Macclesfield and surrounding land, shown edged red on the plan attached to the report, to be transferred freehold from Taylor Wimpey Plc under the terms of a Section 106 agreement dated 24 February 2006, and subsequent variation dated 2 December 2011between Taylor Wimpey Plcand Cheshire East Council, to Cheshire East Council.
2. That a 125 year lease of the shown edged red on the plan attached to the report, be granted ‘back to back’ to Jasmine Park Community and Sports Centre Limited or an approved charity via a community asset transfer. The lease will be subject to the obligations held in the section 106 agreement, and also that the company will transfer to charitable status within 6 months of the transfer. The tenant will also take the benefit of 65% of the £120,000 or such sum once indexed as a commuted sum for maintenance. The Council will retain land and responsibility of the play areas and walkways shaded blue on the plan attached. The 125 lease will be subject to (a) a 25 year break option in favour of the tenant and (b) in the event the charity ceases to exist the lease will determine and the demise will revert back to the Council at nil consideration.