Issue - decisions

Disposal of Ground Lease - Blackwell Telecoms Masts

14/06/2019 - Disposal of Ground Lease - Blackwell Telecoms Masts

The Cabinet Member with the Efficiency and Resources Portfolio introduced the report of the Director of Economic Growth and Neighbourhood Services (previously circulated) requesting that consideration be given to the disposal of a long ground lease for two telecommunications masts on the former Blackwell Golf Club land at Carmel Road South, on the terms detailed in the submitted report.

 

RESOLVED – (a) That the grant of a long ground lease, be approved, on the terms as set out in the submitted report.

 

(b) That the Assistant Director - Law and Governance be authorised to complete all necessary documentation.

 

REASONS – (a) To maximise potential investment returns for the Council.

 

(b)  To minimise management input in a specialised area and risks due to changing legislation.