Decisions for issue Brighton Bathing Pavilion - Lease Agreement

(1)               That the disposal of the site as shown on Plan 2 attached on a 60 year lease to the preferred bidder, the Karma Royal Group, at a ground rent for 21 years and a market rent thereafter be agreed, and the other terms of which shall be in a form agreed by the Executive Director Finance & Resources, the Assistant Chief Executive and the Head of Law;

(2)               That it be noted that the tenant will redevelop the site for leisure use to a specification to be agreed by the Council; and

(3)               That the Head of Law be authorised to enter into all associated documentation in a form to be agreed with the Executive Director Finance & Resources and the Assistant Chief Executive.