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On 10 June 2025, Cabinet agreed to support the
construction of the Petersfield community and sports hub by way of
two separate leases with Petersfield Partnership CIO and Saracens
FC and by entering into a grant agreement and a management
agreement with Petersfield Partnership CIO.
Cabinet agreed that the leases would be granted subject to meeting
the following four conditions:
• Petersfield Partnership to have secured planning permission
and all such other permissions, consents, notices and requirements
necessary to deliver the Project (including landlord consent and
green space approval);
• Petersfield Partnership to have obtained an agreed fixed
price quotation from the selected contractor (such quotation to be
valid for the Grant Period) for the Project;
• Petersfield Partnership to have in place all necessary
funding to deliver the Project, including having secured additional
funding for the Project and maintaining sufficient contingency sums
to cover any price increases; and
• Petersfield Partnership to have agreed to a construction
timeline with the selected contractor that will enable the project
to be delivered in accordance with any grant drawdown and payment
requirements of the funders.
Once these conditions are met, Cabinet also agreed to delegate
authority to the Director for Finance & Assets, in consultation
with the Cabinet Member Finance & Assets and the Director of
One Legal, to agree the terms of the lease and conclude the
letting.
As Director of Governance, Housing & Communities I now wish to
make the decision that the Council finalises the leases with both
Petersfield Partnership CIO and Saracens FC

Reasons for the decision

Petersfield Partnership CIO have now met the
four conditions set out above.
Securing planning permission – planning permission for the
Petersfield community and sports hub was granted by the Council on
Friday 11 July.
Secured fixed price quotation for the construction works
Secured all necessary funding for the construction of the hub
building
Agreed a construction timeline with their selected contractor

Alternative options considered

none