Decision - Community Stadium

(1)       That Cabinet approves the council entering into an Agreement for Lease with The Community Stadium Ltd and the University of Brighton under the terms set out in the Part 2 report.  

(2)       That Cabinet agrees that authority for discharging the Funding Condition in the Agreement for Lease be delegated to the Director of Finance and Resources and the Assistant Director of Finance (section 151 officer) in consultation with the Leader of the Council.

(3)       That Cabinet agrees in principle (subject to any S123 consent required) a lease of the Stadium site to The Community Stadium Ltd on substantially the terms set out in the Part 2 report.

(4)       That Cabinet notes the decision of Policy and Resources Committee in September 2007 that the council will support the Community Stadium scheme so far as is consistent with not directly funding the project.

This report seeks approval to land transactions which have been contemplated since the principle of the new stadium at Falmer was first established.  Its recommendations are in the context of decisions taken by the council in 2003 which formed the basis for the public inquiries and the planning permission granted by the Secretary of State in July 2007.

The second public inquiry exhaustively examined alternative sites for the football stadium and concluded that Falmer was the only suitable site.