To request an approval in principle for a Full Repairing and Insuring Lease of the Leeds Media Centre to Unity Property Services Ltd on a peppercorn rent basis for a term of 15 years, and an approval to delegate to the Director of City Development the final terms of the lease, at less than best consideration.
This is a Key Decision, given the market value of the lease for this property.
Decision type: Key
Reason Key: Financial Impact>£500K;
Decision status: Recommendations Approved
Wards affected: Chapel Allerton;
Notice of proposed decision first published: 17/11/2020
Decision due: 16 Dec 2020 by Executive Board
Lead director: Director of City Development
Department: City Development
Contact: Phil Cole, Head Of Business Support 0113 378 7872 Email: phil.cole@leeds.gov.uk.
Consultation process
Member briefing
Consultees
Executive Member for Inclusive Growth and Culture
Portfolio Holder: Executive Member for Inclusive Growth and Culture