Issue - decisions
LEASE ON LETCHWORTH MULTI STOREY CAR PARK
26/03/2026 - LEASE ON LETCHWORTH MULTI STOREY CAR PARK
RECOMMENDED TO CABINET:
(1) That Cabinet approve the surrender of the lease for the Letchworth Multi Storey Car Park.
(2) That, subject to recommendation 1 above, delegated authority is granted to the Director – Enterprise in consultation with the Executive Member for Enterprise to negotiate and approve the details of any surrender in line with the broad principles in this report.
REASON FOR RECOMMENDATIONS: After undertaking a review of the current operation and long-term needs of this car park, the surrender of this lease provides a positive outcome to the Council and the conditions that have been negotiated ensure there will be improvements to the car park which will benefit the public and economic vitality of the town centre.