Issue - meetings
Leases Update
Meeting: 12/04/2023 - King George's Field Charity Board (Item 3)
Additional documents:
Decision:
The Board;
- Authorised the Corporate Director of Children and Culture and the Corporate Director for Place to take action against “Tenant A” to recover costs of unpaid utilities.
- Noted the ongoing discussions in respect of the lease renewal of “Tenant B”.
- Noted the ongoing discussions in respect of “Tenant C” and to authorise the Corporate Director of Children and Culture and the Corporate Director for Place to undertake and complete a review of “Tenant C’s” rent (subject to final consideration by the Board).
Minutes:
The board received a report that provided an update on the lease arrangements for the King George’s Field Trust (KGFT) retail and rental units, income from which supports the Charity to maintain park land and amenities for the benefit of Tower Hamlets residents.
This report required a decision from the KGFT Board to authorise officers to undertake action against a Green Bridge unit that has arrears against utility charges, which is in breach of the lease.
The report also provided an update in respect of lease renewal discussions.
The board of the trust considered the report and the Chair of the Trust then moved the recommendations and it was:-
RESOLVED to
· Authorised the Corporate Director of Children and Culture and the Corporate Director for Place to take action against “Tenant A” to recover costs of unpaid utilities.
· Noted the ongoing discussions in respect of the lease renewal of “Tenant B”.
· Noted the ongoing discussions in respect of “Tenant C” and to authorise the Corporate Director of Children and Culture and the Corporate Director for Place to undertake and complete a review of “Tenant C’s” rent (subject to final consideration by the Board).
Meeting: 22/03/2023 - King George's Field Charity Board (Item 3.3)
Additional documents:
- Appendix 1 , View reasons restricted (3.3/2)
- Appendix 2, item 3.3 PDF 301 KB
- Webcast for Leases Update