Report of the Regeneration and Major Projects Manager.

The report seeks approval to enter into an agreement with Oxfordshire County Council, whereby the County Council agreed it will not be able to activate the annual rolling break clause, and will be committed to operating the waste recycling centre for a period of 5 years as part of an agreement concerning outstanding rent reviews.

It is recommended to the Board that:-

(1)  The Council enters into an agreement with Oxfordshire County council whereby a rent of £20,000 per annum is agreed in respect of the review due on December 2011, and that they earlier outstanding reviews are not pursued by the City Council.

This is on the basis that the County Council agreed it will not activate the annual rolling break, and will be committed to operating the waste recycling centre for a period of five years from the date of the agreement, unless an alternative site approved by the City Council is located and made operational.

The Regeneration and Major Projects Manager submitted a report (previously circulated, now appended).  The Board also had before it a not for publication appendix relating to costings.

Resolved that the Council enter into an agreement with Oxfordshire County Council whereby a rent of £20,000 per annum is agreed in respect of the review due on December 2011, and that the earlier outstanding reviews are not pursued by the City Council on the basis that the County Council for its part will not activate the annual rolling break, and will be committed to operating the waste recycling centre for a period of five years from the date of the agreement, unless an alternative site approved by the City Council is located and made operational.