FFC has requested the retention of its
contractor's compound at Bishop's Park till 31.10.23. The present
lease expires on 7.6.22. Completion of the club's stadium
development has been delayed because of the effects of the covid
pandemic. A new lease is subject to agreeing terms, council
authority, statutory public consultation and the consent of the
Church of England Commissioners.
Decision type: Key
Reason Key: Expenditure/Income - Revenue between £500,000 and £5m and Capital between £1.5m and £5m;
Decision status: Recommendations Approved
Notice of proposed decision first published: 28/04/2022
Report access: Open report with exempt appendix;
Report Type: Key Decision;
Decision due: 5 Sep 2022 by Commercial Revenue Committee
Lead member: Councillor Max Schmid, Chief Whip firstname.lastname@example.org
Lead director: Assistant Director for Operations
Department: The Economy department
Contact: David Jones Email: email@example.com Tel: 020 8753 2841.
Yes, the below consultees' comments will be
included in the KD report. Stakeholders the Friends of Bishop's
Park and the church commissioners will also be consulted. The grant
of a lease is also subject to statutory, 's123(2A)' public
Finance, Legal, Risk Management & Climate
What is the total value of the decision?: The total value of the quoted rent is almost £559,000 but the tenant has declined to agree it so the value might be less. However, the rent would exceed the key decision threshold of £300,000 in the event of a new lease being agreed.