Cabinet Member for Finance and Performance

Cabinet considered the report of the Interim Head of Economy and Community Services and the above Cabinet Member which gave an update on the progress and recommendation to transfer the Lakeview Village Hall to the Lakeview Village Hall Trust.

The Cabinet Member for Finance and Performance thanked the Interim Head of Economy and Community Services for her efforts on the project.

Resolved:

(1)       That the Lakeview Village Hall be transferred to the Lakeview Village Hall Trust on a 125-year lease.

(2)       That delegated authority be given to the Head of Economy and Community Services and the Head of Property Services to negotiate the final terms of the lease, in consultation with the Cabinet Member for Finance and Performance.

(3)       That delegated authority be given to the Head of Mid-Kent Legal Services to complete the documentation required for the lease on the terms as agreed by the Head of Economy and Community Services and the Head of Property Services, in consultation with the Cabinet Member for Finance and Performance.

(4)       That a grant of £40,000 from the S.106 budget, to cover the Trust’s initial forecast shortfall, be provided.