Decision

Decision
RESOLVED to
 
·              
Grant a ’99 years less one day’ lease to UKPN for the
construction and operation of a substation on Trap Lane land.
 
·              
Delegate approval to the Asset Strategy Manger or the Assistant
Director for Finance and Assets to agree the exact terms of the
above legal agreement.
 
Reason for the decision:
 
The substation is essential for the leisure
centre expansion project. Without this lease, the new substation
cannot be built which would mean the power demands of the new
facility could not be met.