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Extension of support for Leisure Contract

Meeting: 18/03/2021 - Executive (Item 796)

796 Extension of support for Leisure Contract pdf icon PDF 167 KB

Additional documents:

Decision:

AGREED RECOMMENDATIONS

Reasons for decision – as specified in the report

Other options considered – as specified in the report

Conflicts of interest / dispensations granted – none

 

Minutes:

RESOLVED:

 

(i)           That further financial support to GLL for the period to 31 March 2022 based on the financial projections set out in Exempt Appendix [1] to the report submitted, to facilitate GLL’s continued provision of the services at the leisure centres when they are permitted to re-open, be agreed. This would be a further deferral of rent for 2021/22 reflecting projected income and costs in the financial business plan reconciled through the open book process.

 

(ii)          That the Corporate Director of Environment & Regeneration, following consultation with the acting Director of Law and Governance, be authorised to give effect to the  above additional financial support for GLL by varying, as necessary and extending the second deed of variation to 31st March 2022.

 

(iii)         That the projected end of year debtor position for 2020/21, as set out in Appendix [1] to the report, following the increased restrictions and two further lockdowns that have closed the Leisure Centres for an additional four months of this year meaning the contract has been unable to trade for 8 out of 12 months of the year, be noted.

 

 

 

Reasons for decision – a further period of support is required to allow GLL to be able to open the leisure centres when they are able to.

Other options considered – as above, if financial support is not provided then this could result in disruption to services.

Conflicts of interest / dispensations granted – none