Issue - items at meetings - Former Peter Pan site - Sea Lanes Lease Agreement – Part 1

Joint report of the Acting Executive Director for Environment, Development & Housing and the Executive Director for Finance & Resources (copy attached).

RESOLVED - That the Policy and Resources Committee agrees to authorise the Acting Executive Director Environment, Development & Housing, Executive Director Finance & Resources, and Assistant Director Property & Design to enter into an agreement to lease and grant a 150 year lease to the preferred bidder, Sea Lanes, subject to planning approval for the site shown in Appendix 1 as set out in the Heads of Terms in Appendix 2 (Part 2 confidential information).

172.1    The Committee considered a joint report of the Acting Executive Director for Environment, Development & Housing and the Executive Director for Finance & Resources in relation to Former Peter Pan's Amusements site - Sea Lanes Lease Agreement. In Autumn 2014 the Council marketed the area known as the former Peter Pan site on Madeira Drive as identified on the site plan in Appendix 1. The results of the marketing exercise were reported to Economic Development & Culture Committee in March 2015, where Landlord’s consent was granted. The Committee also agreed that Heads of Terms with the preferred bidder would be presented to Policy & Resources Committee for approval.

172.2    In response to Councillor Bewick it was clarified that there had been discussions between the operator and Saltdean Lido around collaborative working; the two sites were seen as complimentary - it was hoped some type of cross facility ticket could be developed in the future.

172.3    In response to Councillor Mac Cafferty it was noted that any ecology considerations would be picked up as part of the planning process, and the operator was already engaging the Planning Authority for pre-application advice.

172.4    In response to Councillor A. Norman it was clarified that the commercial units would not project onto the road.

172.5    The Chair then put the recommendations to the vote.

172.6    RESOLVED - That the Policy and Resources Committee agrees to authorise the Acting Executive Director Environment, Development & Housing, Executive Director Finance & Resources, and Assistant Director Property & Design to enter into an agreement to lease and grant a 150 year lease to the preferred bidder, Sea Lanes, subject to planning approval for the site shown in Appendix 1 as set out in the Heads of Terms in Appendix 2 (Part 2 confidential information).