Issue - meetings

College Street Car Park – Lease to College Street Yard*

Meeting: 18/10/2022 - Cabinet (Item 29)

29 College Street Car Park – Lease to College Street Yard pdf icon PDF 394 KB

To consider the report of the Cabinet Member for Economic Development seeking approval to enter into a lease for part of College Street car park with College Street Yard Limited for use as a ‘box park’.

Additional documents:

Minutes:

DECISION MADE: (CAB 22/23 35444)

On consideration of the report of the Cabinet Member for Economic Development, Cabinet agreed the following:

 

(i)  To approve the proposal in principle.

(ii)  To delegate authority to the Head of Property, following consultation with the Cabinet Member for Economic Development to approve the preparation and granting of a lease once final details are agreed to College Street Yard Limited (CSYL) for a lease of seven years less one day for the use of part of College Street car park as a box park, as described in the report.

(iii)  To authorise the Head of Property, following consultation with the Cabinet Member for Economic Development to negotiate and agree the final details of the lease as required to facilitate the letting of the site.