The subject of the decision:

This report considered a request from the Central Northallerton Development Company Limited (CNDCL) that the Council leased the Crosby Road Car Park to the Company.  The purpose of the request was to support the Treadmills development, specifically the Phase II uses of cinema, food and drink operators and digital business centre.  This report assessed the request and made recommendations.

Alternative options considered:

None.

The reason for the decision:

Cabinet was satisfied that the proposal linked to the priority on Driving Economic Vitality and also the Central Northallerton Development was identified as a key project in the Council Plan.

THE DECISION:

That Cabinet approves that:-

(1)     the Council agrees in principle to lease the Crosby Road Car Park to the Central Northallerton Development Company Limited for a period of 25 years subject to the cinema, food and drink operators and the digital business centre entering into agreements to lease premises in Phase II of the Treadmills development; and

(2)     authority be delegated to the Deputy Chief Executive in consultation with the Leader of the Council to agree the detailed terms and conditions.

Declaration of Interest

Councillor P R Wilkinson declared a personal non-pecuniary interest as he is Chairman of the Central Northallerton Development Company Limited and he left the room prior to discussion and voting on the item.

Dr Justin Ives declared a personal non-pecuniary interest as he is a board member of the Central Northallerton Development Company Limited and he left the room prior to discussion and voting on the item.