1. Approve a recommendation to terminate existing lease arrangements listed in confidential appendix one between the Council, GIPSIL, Canopy and Unity HA.
2. Enter into new 99 year leases at Less Than Best consideration with GIPSIL and Canopy to enable them to secure additional finance and enter into a programme of acquisition and renovation of privately owned empty properties across the city.
3. Delegate authority to the Director of City Development to approve terms of the new leases at Less than Best consideration based on a peppercorn rent calculated at £1 per annum per property
Decision type: Key
Reason Key: Expenditure > £250,000;
Decision status: Recommendations Approved
Wards affected: Beeston and Holbeck; City and Hunslet; Gipton and Harehills; Hyde Park and Woodhouse;
Notice of proposed decision first published: 05/12/2016
Decision due: 8 Feb 2017 by Executive Board
Lead director: Director of Environment and Housing
Department: Environment and Neighbourhoods
Contact: James Kilroy, Project Officer, Regeneration Service 0113 3787714 Email: james.kilroy@leeds.gov.uk.
Consultation process
Email and face to face discussions
Consultees
Local ward members & executive member for Communities
Portfolio Holder: Executive Member for Communities