Disposal of Long Leasehold Interest in Land and Buildings
Additional documents:
Minutes:
The Chairman explained that this was a decision which had been taken by the Executive and did not require Council approval.
404 Disposal of Long Leasehold Interest in Land and Buildings
Report to follow
Additional documents:
Decision:
The Council grants a 150 year ground lease of Meade House, Ware and adjacent land to General Practice Investment Corporation Ltd on the terms negotiated and set out in the report, subject to financial negotiations regarding the loss of car parking; and
Officers are given delegated authority to resolve the restrictions on the freehold title of the Old Fire Station with Hertfordshire County Council without reference back to committee.
Minutes:
The Executive Member for Finance and Support Services submitted a report regarding the disposal of a Long Leasehold Interest in Land and Buildings.
The Chief Executive responded to queries from Councillors M Pope and M Allen. Councillor G Jones commented on the car parking pressures being experienced in Ware Town Centre.
Councillor G Williamson proposed and Councillor E Buckmaster seconded, a motion to support the recommendations now detailed. After being put to the meeting, and a vote taken, the motion was declared CARRIED.
The Executive supported the proposals, as now detailed.
RESOLVED – that (A) the Council grants a 150 year ground lease of Meade House, Ware and adjacent land to General Practice Investment Corporation Ltd on the terms negotiated and set out in the report, subject to financial negotiations regarding the loss of car parking; and
(B) Officers be given delegated authority to resolve the restrictions on the freehold title of the Old Fire Station with Hertfordshire County Council without reference back to committee.