Decision details

Myatt’s Field Park Depot Redevelopment and Lease

Decision Maker: Deputy Leader of the Council (Investment and Partnerships)

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

 

1.            To approve a total of £500,000 (a £250,000 increase from previous allocation) of capital funding to be allocated for the Myatt’s Field Park Depot refurbishment from capital receipts.

 

2.            To agree a 10-year lease, from completion of the works, between Lambeth Council and Myatt’s Field Park Project (MFPP) to use the refurbished depot building for the purposes set out in its business plan, with rent to be a peppercorn rent while MFPP manage the park under the Park Management Agreement or operate the premises under a Community Service Agreement, the purpose of which is to generate income to support the park. 

Publication date: 06/10/2017

Date of decision: 16/10/2017

Effective from: 24/10/2017

Accompanying Documents: