Agenda item

Community Asset Transfer - Penistone Paramount Lease Renewal (Cab.20.2.2019/17)




(i)        that approval be given to the granting of a new 25 year lease to Penistone Town Council in respect of Penistone Paramount on terms and conditions to be agreed;


(ii)       that the Corporate Asset Manager be authorised to finalise Heads of Terms for a 25 year lease to Penistone Town Council for a nominal rent; and


(iii)      that the Executive Director Core Services be authorised to complete the lease to Penistone Town Council.  The grant will be in accordance with Local Government Act 1972, but at less than best consideration based on the delivery of local social economic and environmental wellbeing powers as introduced by the Local Government Act 2000 and the General Disposal Consent (England) 2003.