Issue - meetings

John Smith’s Stadium Site, Huddersfield - request to restructure existing Lease Agreements

 

 

Meeting: 31/07/2017 - Cabinet (Item 14:)

14: John Smith’s Stadium Site, Huddersfield - request to restructure existing Lease Agreements pdf icon PDF 258 KB

A report to consider a request from Kirklees Stadium Development Ltd (KSDL) to restructure the existing lease arrangements in respect of the John Smith’s Stadium site to facilitate the HD One development.

 

Contact: Paul Kemp 01484 221000

 

Ward: Dalton

 

Decision:

1)    That the proposal from KSDL to restructure the existing property leases at the Stadium site and dispose of the additional Council land as set out at paragraph 2.5 of the considered report be accepted.

 

2)    That the Strategic Director (Economy and Infrastructure) and Service Director (Legal, Governance and Monitoring) be authorised to negotiate and agree the terms of the new lease restructure.

 

3)    That the Service Director (Legal, Governance and Commissioning) be authorised to enter into and complete all documentation necessary to implement the requested lease structure.