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Issue - meetings
Jacob's Wells Baths Community Asset Transfer
Meeting: 04/12/2017 - Cabinet (Item 22.)
22. Jacob's Wells Baths Community Asset Transfer 
PDF 109 KB
Additional documents:
- b Appendix A1 - Background info - Jacob's Wells Baths CAT - Cabinet 04122017, item 22.
PDF 61 KB
- c Appendix A2 - photos + map - Jacob's Wells Baths CAT - Cabinet 04122017, item 22.
PDF 3 MB
- d Appendix D - Risks - Jacob's Wells Baths CAT - Cabinet 04122017, item 22.
PDF 60 KB
- e Appendix E - EqiA - Jacob's Wells Baths CAT - Cabinet 04122017 - final, item 22.
PDF 94 KB
- f Appendix G - EXEMPT financial info - Jacob's Wells Baths CAT - Cabinet 04122017 - final , View reasons restricted (22./6)
Decision:
1. Agreed to approve the grant a 35 year lease, at a peppercorn rent, on a fully repairing and insuring basis, linked to a 5 yearly reviewable service agreement, and with a provision for the Council to share in the future revenue from the project, to Fusion Lifestyle, subject to receiving an acceptable and sustainable full business plan.
2. Agreed to approve the offer of the property in its current condition, to transfer all future liabilities for repairs & maintenance to Fusion, and not to offer a 'dowry' towards the cost of repairing existing defects.
3. Authority was delegated to approve the business plan and enter in to agreement