Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: March 11, 2025

Purpose: Approval to re gear and renew the lease term and rental amount per annum.

Content: The Executive APPROVED:   The granting of a new lease for the new extended term of 14 years at Market Rent, current market terms to reflect increased annual income and provision for growth over the lease term with any final negotiation decisions reserved for Delegated Authority by the Assistant director for Assets and Property.