Issue - meetings

APPROVAL FOR ALTERATION OF LEASE TERMS FOR AYLESTONE HALL REFURBISHMENT

Meeting: 05/03/2001 - Cabinet - for meetings after 09/05/11, please see 'City Mayor & Cabinet' (Item 174)

174 APPROVAL FOR ALTERATION OF LEASE TERMS FOR AYLESTONE HALL REFURBISHMENT pdf icon PDF 21 KB

Councillor Patel submits a report seeking Cabinet’s approval to the insertion of new terms in the lease of Aylestone Hall to Hazlewood Plc to ensure the refurbishment of the stable block ahead of the main refurbishment of the Hall.

Minutes:

Councillor Patel submitted a report seeking Cabinet's approval to the insertion of new terms in the lease of Aylestone Hall to Hazlewood Plc to ensure the refurbishment of the stable block ahead of the main refurbishment of the hall.

 

RESOLVED:

that the following additional clauses be added to the lease of Aylestone Hall to Hazlewood Plc:-

 

(a)the granting of an 18 months period to Hazlewood Plc to secure planning permission for the Hall scheme; and

 

(b)that in the event that they are refused planning permission for the Hall and the City Council do not grant an extension then the Council will reimburse them for their outlay of £30,000 plus interest over the 18 month period at the Council's normal interest rate.