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Issue - meetings

Islington Boat Club business case - I028931

Meeting: 05/09/2024 - Executive (Item 270)

270 Letting of land and premises at 16-34 Graham Street, Islington, London, N1 8JX, to Islington Boat Club pdf icon PDF 170 KB

Additional documents:

Decision:

RECOMMENDATIONS:

To authorise the Corporate Director for Community Wealth Building, following consultation with the Executive Member for Finance and Performance and the Corporate Director of Resources, to enter into the arrangements for the letting of the space on the terms set out in exempt Appendix 1 of the report of the Executive Member for Finance and Performance.

 

 

 

DECISIONS

 

AGREED RECOMMENDATION

 

Reasons for the decision – as detailed in the report

Other options considered – as detailed in the report

Conflicts of interest / dispensations granted none

 

Minutes:

RESOLVED:

To authorise the Corporate Director for Community Wealth Building, following consultation with the Executive Member for Finance and Performance and the Corporate Director of Resources, to enter into the arrangements for the letting of the land and premises at 16-34 Graham St N1 8JX and comprising Islington Boat Club, on the terms set out in exempt Appendix 1 of the report of the Executive Member for Finance and Performance.

 

 

Reasons for the decision – Islington Boat Club had operated from the site for over 40 years, providing a unique set of activities for Islington’s residents.  Given their unique community value contribution, last year’s capital investment, a change in leadership, and the production of a new business plan, it was recommended that the Council enter into a lease with Islington Boat Club, subject to ongoing joint monitoring.  This was in order to support the Club to  re-establish itself to enable residents and young people to use the facilities.  The lease would include break clauses to protect the Council should the Club fall into financial difficulties

Other options considered – all as detailed in the report

Conflicts of interest / dispensations granted none