Joydens Wood Community Centre - Lease Surrender, Grant of a New Lease and Grant Funding
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Cabinet considered a report which proposed to provide grant funding to the Joydens Wood Residents’ Community Association to enable it to continue to provide valuable community services subject to the Association entering into a Service Level Agreement with the Council. The Association had approached the Council with a view to extending its current 20-year lease of the Community Centre, which was due to expire in December 2025, by 13 years to provide a term of 20 years in order for it to be able to secure funding for future plans. The Council’s Consultant Valuer had advised that the best way to achieve this was for the current lease to be surrendered and for a new 20-year lease to be granted on the basis outlined in the report.
The Cabinet welcomed the work undertaken by the Residents’ Community Association and was informed that the Association were happy with the new lease and service level agreement.
1. That, subject to the Joydens Wood Residents’ Community Association agreeing to entering into a Service level Agreement with the Council, on terms to be agreed by the Consultant Valuer, the Council grant funds the Association the sum of £7,300 (seven thousand three hundred pounds) per annum, reviewable annually, in accordance with the Service Level Agreement; and
2. That, subject to para. 2.1 of the report and for the reasons outlined in the body of the report, the Council agrees to the surrender of the current lease to the Joydens Wood Residents’ Community Association and that a new 20 year lease be granted, at an annual rent of £8,800 (eight thousand eight hundred pounds), on terms to be agreed by the Consultant Valuer in consultation with the Head of Legal Services.
Publication date: 07/01/2019
Date of decision: 06/12/2018
Decided at meeting: 06/12/2018 - Cabinet
Effective from: 07/12/2018