Decision details

SEACOMBE FERRY TERMINAL - EUREKA

Decision Maker: Cabinet Member - Finance & Resources

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To enable the development Merseytravel will be entering an agreement with Eureka which requires the remodelling of the former spaceport building along with the outside space including the car parks.  Merseytravel has therefore asked to replace the two existing leases with new leases which would reflect their agreement with Eureka.  This will require a variation of the lease areas which are shown on the attached plan, although the areas may be subject to some remodelling as part of the wider scheme.  The new leases will remain at peppercorn rents and also need to be extended to 40 years to tie in with Merseytravel’s agreement with Eureka.

Decision:

Resolved – That

 

That the Assistant Chief Executive be authorised to negotiate the surrender of the two existing leases to Merseytravel of the land adjacent to the Seacombe Ferry Terminal, as shown edged red on the plan attached to this decision, and to enter into two new leases on the same or similar sites to Merseytravel for a term of 40 years at a peppercorn rent.

 

Alternative options considered:

This is an opportunity for the Council to further support delivery of this visitor attraction which will benefit the area.  The Council could decide not to grant the new leases but this would mean that the new development could not be created.

Publication date: 04/08/2020

Date of decision: 04/08/2020

Effective from: 12/08/2020

Accompanying Documents: