The report will cover the grant of a new long lease for the site at 20 Alton Street.

DECISION

1.    To agree that the site at 20 Alton Street E14 be declared surplus;

2.    To agree to the disposal of the site on a 99 year lease to Lansbury Estate Muslim Association at a premium of £402,250;

3.    To delegate to the Acting Corporate Director of Place in consultation with the Corporate Director Governance the authority to agree the detailed heads of terms and, thereafter, enter into the legal documentation (including, but not limited to, a development agreement, agreement for lease and lease) in order to give effect to the decision

4.    To note the Equalities Impact Assessment / specific equalities considerations as set out in Paragraph 4.1 of the report.

5.    To note the result of the further investigations requested in July leading to the decision previously being deferred as set out in paragraph 3.14 of the report.

Action by:

ACTING CORPORATE DIRECTOR, PLACE (A. SUTCLIFFE)

(Acting Divisional Director, Property and Major Programmes (R. Chilcott)