Purpose

The decision achieves a council
objective of disposing of its entire shareholding in KSDL and
ceasing to be responsible for the operation of the Accu (formerly
John Smith) Stadium (Leeds Road Huddersfield), other than as
freeholder.
It will enable the Council to
obtain possession and freehold ownership of the Gasworks Street
site which is necessary for regeneration purposes.
The surrender of the
Council’s lease of the Swimming pool facility will relieve it
of liability under the lease to KSDL. The restructuring will
mitigate the Council’s liabilities.  Various alternative structural changes have been
considered previously, but these have not been successfully
implemented. This arrangement has features that are advantageous
over previous proposals.