Agenda item

IT BE NOTED, IN ACCORDANCE WITH THE RECOMMENDATION OF THE MONITORING OFFICER ABOVE:-

(i)        that approval be given to the surrender of the existing ground lease in respect of Holden House and Holden Court, Barnsley and the grant of a further 125 year ground lease to Riverside Housing Association, as detailed in the report submitted;

(ii)       that the Corporate Asset Manager be authorised to finalise Heads of Terms for the surrender of the existing 60 year lease and grant of a further 125 year ground lease to Riverside Housing Association; and

(iii)      that the Corporate Asset Manager be authorised to instruct the Executive Director Core Services to complete the surrender of the existing lease and grant of a new 125 year ground lease to Riverside Housing Association.  The grant will be in accordance with the Local Government Act 1972.