11 Lease of land for NATS training facility at Daedalus. PDF 98 KB
A report by the Director of Finance and Resources.
Additional documents:
Decision:
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.
Minutes:
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.