Purpose

To seek approval for a
lease renewal for a Community Asset Transfer (CAT) of Lease of Home
Farm Neighbourhood Centre, Home Farm Close, Beaumont Leys,
Leicester, LE4 0SU for 10 years outside the Landlord and Tenant Act
1954.

Decision

To approve that
Beaumont Leys Muslims shall be granted a 10-year CAT lease,
contracted out of the Landlord & Tenant Act 1954 at a
peppercorn rent (with a rent review in the fifth year of the term)
with an annual fee of £2,500 payable to the Council for
administration services which includes building inspection and
compliance checks and other terms in accordance with the
Council’s standard community asset lease.

Reasons for the decision

The approval of the
CAT lease will  support community
service provision and the decision is reserved to the City Mayor as
the lease term extends over 7 years.