Issue - meetings

Decision:

The Executive approved the officer recommendation to enter into a deed of surrender on the lease for the Riverside Centre

Reason:

The ACM was a local education provider that brought students and benefits into the Town Centre and which leased several properties from the Council.

Other options considered and rejected by the Executive:

None.

Details of any conflict of interest declared by the Leader or lead councillors and any dispensation granted:

None.

The Executive considered a report which set out the proposed agreement between the council and the Academy of Contemporary Music (ACM) who were tenants of the Council owned Riverside Centre, on Town Wharf. The ACM wished to give up their leasehold interest in the subject property which was surplus to their requirements following the relocation of their student union elsewhere. 

RESOLVED, the officer recommendation to enter into a deed of surrender on the lease for the Riverside Centre was approved.

Reason:

The ACM was a local education provider that brought students and benefits into the Town Centre and which leased several properties from the Council.