Issue - meetings

RESOLVED: That a new 50 year lease be granted to allow Wokingham Theatre to raise funds to enhance the building.

The Executive considered a report relating to the granting of a 50 year lease to Wokingham Theatre which would enable the Theatre to raise funds for the enhancement of the building.

The Executive Member for Regeneration and Communities brought to the attention of the meeting that the wording in the report, which stated that the building was becoming dilapidated, was actually incorrect.  In fact the building had been so successful it now needed to expand and that was why the Council wished to support the Theatre by extending the lease. 

Councillor Mirfin reported that giving the Theatre a 50 year lease would allow them to get funding to provide rehearsal and studio rooms which would extend the opportunity in the community.  In return the Theatre would ensure that the Council would be mentioned as sponsors in all their programmes.  Members were pleased to note there would be regular RPI reviews.

RESOLVED: That a new 50 year lease be granted to allow Wokingham Theatre to raise funds to enhance the building.