Cabinet Member for Localism, Sport, Culture and Heritage

Cabinet considered the report of the Head of Economy and Community Services and the above Cabinet Member, which set out options for a community asset transfer of Quinton Hall to the Ichtus Trust.

The Cabinet Member for Finance spoke in support of the proposals thanked the Head of Property Services and praised Christine Fordham for the hard work and dedication  she had shown in securing the property for the community.

In response to a question, the Head of Property Services confirmed that the valuation of the land had determined that it was unsuitable for development and it had therefore been valued as open space at a nominal value.

RESOLVED:

(1)  That Quinton Hall be transferred to the Ichtus Trust on a 125 year lease.

(2)  That authority be delegated to the Head of Economy and Community Services and the Head of Property Services to negotiate the final terms of the lease based on the Head of Terms in Appendix II to the report, in consultation with the Cabinet Member for Localism and the Cabinet Member for Finance.

(3)  That the Council supports the Trust financially by providing a tapered grant of £2,800 in 2014/15, £2,000 in 2015/16 and £800 in 2016/17.