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Hengrove Park Leisure Centre: Parkwood Community Leisure conversion to Lex Leisure Community Interest Company (CIC)

03/10/2023 - Hengrove Park Leisure Centre: Parkwood Community Leisure conversion to Lex Leisure Community Interest Company (CIC)

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.