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Decision details
Hengrove Park Leisure Centre: Parkwood Community Leisure conversion to Lex Leisure Community Interest Company (CIC)
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To seek approval to support Parkwood Leisure in the conclusion of the transfer from Parkwood Community Leisure to Lex Leisure subject to the satisfactory completion of financial and legal due diligence.
Decision:
That Cabinet
1. Authorised the Executive Director: Adult and Communities in consultation with the Cabinet Member for Finance, Governance and Performance, subject to the satisfactory completion of financial and legal due diligence, to take all steps required to support Parkwood Leisure Ltd in the conclusion of the transfer from Parkwood Community Leisure to Lex Leisure CIC, including the negotiation and completion of all necessary legal documentation as outlined in this report.
Report author: Guy Fishbourne
Publication date: 03/10/2023
Date of decision: 03/10/2023
Decided at meeting: 03/10/2023 - Cabinet
Effective from: 11/10/2023
Accompanying Documents:
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