IT BE NOTED, IN ACCORDANCE WITH THE RECOMMENDATION OF THE MONITORING OFFICER ABOVE:-
(i) that agreement be given to the Council granting a 20 year lease of Valley Community Centre to Valley Community Association (VCA) on terms and conditions to be agreed;
(ii) that the Corporate Asset Manager be authorised to finalise Heads of Terms for the proposed 20 year lease; and
(iii) that the Executive Director Core Services be authorised to complete the lease to Valley Community Association. The grant of the lease will be in accordance with the 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.