1. That the terms provisionally agreed be approved for a new 10 year lease at an increase in rent to current market levels and without the turnover clause in line with Costa’s current corporate policies to pay a straight market rental or what they regard as a ‘fixed market rent’.
2. That authority be granted to the Head of Legal Democratic & HR Services to enter into the documentation for a new 10 year lease on the terms as shown below with each party bearing their own costs.