The Cabinet Member for Property and Economy introduced the report which sought approval for a 125 year lease on Land at Colegates Close to Oare Parish Council.

The Cabinet Member for Property and Economy proposed the recommendations and the Cabinet Member for Housing seconded.

Resolved:

(1)  That a new 125-year lease of the property, Land at Colegates Close, Oare be entered with Oare Parish Council.

(2)  That the Head of Property Services in consultation with the Cabinet Member for Economy and Property be authorised to finalise the terms and the Head of Legal Services be authorised to negotiate and complete the necessary legal formalities and all necessary deeds and agreements arising from or ancillary to the grant of the lease of the property.