Content

 

8.1

The Committee considered a
report of the Executive Director, City Futures which sought
approval to the City Council entering into an agreement for lease
to deliver a new research facility at the Sheffield Olympic Legacy
Park on the terms outlined within the report.

 

 

8.2

RESOLVED
UNANIMOUSLY: That the Finance and Performance Policy
Committee:
 
-      
Agrees to the disposal of land through an agreement for lease for a
term of 250 years, as set out in this report.

 

 

8.3

Reasons for
Decision

 

 

8.3.1

The proposed NCCHT is another
exciting new development which further enhances the existing
facilities in accordance with the SOLP Vision and accelerates its
growth and brings a range of economic benefits for both the local
community and wider city region. The results of the research which
will be carried out will potentially improve the health of children
locally, nationally and throughout the world.

 

 

8.4

Alternatives
Considered and Rejected

 

 

8.4.1

The Council could decide not to
enter into the proposed agreement to dispose of the site to the
Trust and other development options considered. However, that would
result in the multiple benefits of the NCCHT not being
achieved.