The Chief Officer Asset Management and
Regeneration:
a) Approves entering into an Agreement for Lease as detailed in the
report between LCC and CX (Leeds) Limited (part of Rushbond PLC)
for the construction of a pavilion building.
b) Approves granting a Ground Lease ending on 27 November 2267
(coterminous with the Corn Exchange lease) between LCC and CX
(Leeds) Limited (part of Rushbond PLC) upon satisfactory completion
of the pavilion building within the public space.
c) Approves entering into a user agreement as detailed in the
report between LCC and CX (Leeds) Limited to facilitate use of the
public space by CX (Leeds) Limited for an approved programme of
trading and events.
d) Notes that an overview of the terms of the agreements is
provided at confidential appendix C.