Issue - meetings

To consider a report of the Executive Councillor (Governance & Corporate Services)

The report consider a proposal to grant a short term lease at an undervalue to Manchester Metropolitan University (MMU) in respect of Council owned premises known as 18 / 19 Market Place, Stockport, to support the development of creative workspace within Stockport Town Centre for recent graduates. The objective is to provide a supportive environment in

which art graduates are able to develop their creative and business skills through self employment. 

The Executive is requested to approve the letting of 18/ 19 Market Place, Stockport to Manchester Metropolitan University at the undervalue as outlined in the report and to delegate to the Corporate Director of Corporate and Support Services to complete an appropriate lease.

Officer contact: Murray Carr, 0161 474 3649, murray.carr@stockport.gov.uk

The Executive Councillor (Governance & Corporate Services) submitted a report (copies of which had been circulated) inviting the Executive Meeting to consider a proposal to grant a short term lease of Council owned premises known as 18/19 Market Place, Stockport at an undervalue to further the Council’s aims of regenerating the Market Place.

RESOLVED – That the letting of 18/19 Market Place, Stockport to Manchester Metropolitan University at the undervalue as indicated in paragraph 2.4 of the report be approved and the Corporate Director for Corporate and Support Services be authorised to complete an appropriate lease.