RESOLVED that:
(1) the acquisition of land from the County Council for £1 subject to a restriction that the land acquired is used only as a community sports hub (see plan of land in appendix 1 of the report) is agreed
(2) following the completion of the acquisition of the land from the County Council, a 125-year lease at a minimal rent to BCCBS (see plan of land in appendix 2 of the report) is granted.
(3) it is agreed to delegate authority to the Head of Finance and Resources in consultation with the Asset Management Team to agree the terms for the acquisition of the land from the County Council and for the disposal by way of a 125-year lease to BCCBS
(4) authority is delegated to the Director of One Legal to prepare and conclude the necessary legal documentation to:
a) reflect the acquisition terms negotiated and agreed between the County Council and the Council and to execute such documents
b) reflect the lease terms negotiated and agreed between the Council and BCCBS and to execute such documents.