Issue - meetings

To consider the report of the Director of City Development seeking approval to transfer the operations from the City Council and establish the City of Leeds Gymnastics Club as an independent Community Interest Company to undertake to develop gymnasts to reach their full potential, with a reducing contribution from the City Council.

The Director of City Development submitted a report seeking approval to transfer the operation of the Leeds Gymnastics Training Scheme from Leeds City Council to the City of Leeds Gymnastics Club Community Interest Company, which would help develop gymnasts to reach their full potential, with a reducing contribution from the Council.In determining this matter, the Board took into consideration all matters contained within the accompanying report.

The Executive Member for Leisure paid tribute to all of those who had been involved in getting the scheme to its current position, particularly the City of Leeds Gymnastics Club.

Assurances were received in response to enquiries regarding the consultation process which had been undertaken.

RESOLVED –

(a)  That the transfer of the Leeds Gymnastics Training Scheme from Leeds City Council to the City of Leeds Gymnastics Club Community Interest Company from 1 April 2012 be approved.

(b)  That approval be given to Leeds City Council providing financial support to City of Leeds Gymnastics Club Community Interest Company up to a maximum of £250,000 over the next 4 year period.

(c)  That approval be given to Leeds City Council acting as guarantor on the leasehold (Unit 1 Limewood Business Park) for a period of 4 years commencing on  1st February 2012 and terminating  31st January 2016.