Decision details

To consider the terms for the possible lease of land, to allow National Air Traffic Services the ability to site a radar training facility at Daedalus.

NATS plans to build a new radar training tower to enable its engineers to carry out testing and training activities without causing disruption to its national radar network.

An area of land has been identified at Daedalus to accommodate the radar within its own secure compound. The report sets out commercial Heads of Terms for the disposal of the land to enable NATS to build its facility and then enter into a lease for the land.

When the lease is completed the annual rent received would be reinvested within the Daedalus Estate.

RESOLVED that the Executive:

(a)  approves the draft Heads of Terms, as set out in confidential Appendix A to this report;

(b)  delegates authority to the Director of Finance and Resources in consultation with the Executive Member for Policy and Resources to agree the detailed terms, as appropriate; and

(c)  agrees to reinvest the annual rent received from the disposal of land under this lease into the Airport Estate to support the vision for Daedalus.