Decision - 3 Moulsecoomb Way, Brighton

This report report seeks approval to extend the current lease for 3 Moulsecoomb Way, Brighton on new terms.

1)             Cabinet agrees to enter into a conditional agreement in respect of 3 Moulescoomb Way, Brighton, for the surrender of the existing leases and the grant of a new lease for a term of up to 200 years and on the terms as set out in this Part 1 report.

2)             Cabinet agrees to delegate authority to the Corporate Director of City Services in consultation with the Assistant Director of Legal and Democratic Services and the relevant Cabinet Member to finalise the terms then take the necessary steps to complete the transactions.