Issue - decisions

Approve lease arrangements for 53-57 High Street Margate, as part of the Margate Levelling Up Fund project.

17/10/2022 - Approve lease arrangements for 53-57 High Street Margate, as part of the Margate Levelling Up Fund project

Cabinet agree the following:

 

1.  To give delegated authority to the Director of Regeneration and the Acting Deputy Chief Executive to seek approval for the Heads of Terms as members of the Joint Venture Board between Thanet District Council and Homes England;

 

2.  To give delegated authority to the Interim Director of Property, in consultation with the Principal Surveyor and the Economic Development Portfolio Holder to agree Heads of Terms and enter into the relevant negotiations for a lease with EKC Group;

 

3.  To give delegated authority to the Interim Head of Legal and Monitoring to prepare and complete the lease and all other ancillary documents on the terms to be agreed, and sign all documents necessary to give effect to the lease agreement.