The full agreement is yet to be drafted but the plan is for the first agreement lease to run for 40 years.
Cllr Rigby said "It is absolutely imperative that a Management Trust is formed" and that the Town Council should "move forward rapidly with the full formation of the Trust"
His comments were echoed by Cllr Drummond and Cllr Bowkett.
Cllr Price added that "the Council should support the proposal as Councils are not good at running commercial enterprises".
Cllr Hudson explained that the Management Trust would be a Charity and hoped to attract Donations and Bequests, but needed to demonstrate that they had a long term agreement with the Council so that people felt secure in the knowledge that their money would be put to good use.
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2 comments:
Wonderful common sense!
Wonderful news for a town that has taken such a battering. With the help of all the Town we can make something very special happen at the Regal.
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