Decision details

To consider a report of the Cabinet Member for Resources, Leisure and Culture seeking approval for the variation of the approved terms of the lease of the Solent Sky Museum at Albert Road South including an extension of the term to 125 years from 2012.

(i)  To approve an extension of the term of the lease of the Solent Sky Museum to 125 years from 2012.

(ii)  To approve the removal of the condition for the Trustees to pay a profit rent. 

(iii)  To approve a variation to the current agreed terms to enable future redevelopment of the Museum either on the existing site or to enable the Trustees to sell their interest in the site for an alternative use to finance the re-location of the Museum to an alterative site in the City

To help secure the long term future of Solent Sky Museum.

Not to permit variations to the lease.  However, this would not assist in securing the long term future of the Museum.