This report sets out the decision to grant a 99-year lease with 5-year reviews of 8 sq. metres of land off Kings Meadow Road for a gas governor at an initial rent of £1,000 per annum to Southern Gas Networks Plc (SGN).

It is the decision of the Director of Economic Growth and Neighbourhood Services in consultation with the Lead Councillor for Culture, Heritage and Recreation that a lease is completed into on the basis shown in the attached Heads of Terms, subject to any modifications or additions deemed in the interest of the Council by the Head of Legal and Democratic Services.