Issue - meetings

Tilgate Park – Adventure Golf

Meeting: 05/09/2018 - Cabinet (Item 10)

10 Tilgate Park – Adventure Golf

Wellbeing Portfolio

 

(Exempt Paragraph 3)

 

To consider report HPS/14 of the Head of Major Projects & Commercial Services.

 

Minutes:

PThe Cabinet Member for Wellbeing presented report HPS/014of the Head of Major Projects and Commercial Services which set out the opportunity to establish an Adventure Golf facility within Tilgate Park. It was noted that Tilgate Forest Golf Centre was being operated by Glendale Golf under a 25 year lease expiring in March 2029.

 

Glendale Golf have presented a proposal to the Council over the installation an Adventure Golf course on 1.5arces of the land within Tilgate Park that they lease. The design would be Wild Forest’ theme and fit the nature of Tilgate Park as a whole. It was proposed that the Council funds the construction of the course £420k, with a Glendale payback over ten year with the Council receiving a rate of return. Also the Council would retain the facility at the end of the lease.

 

It was noted that the proposed design had be displayed within the Clubhouse and had been presented to the Friends of Tilgate Park.

 

 

RESOLVED

 

That the Cabinet

a)      approves the establishment of an Adventure Golf facility within Glendale Golf’s existing leased area (subject to the necessary planning consent).

 

b)      approves a supplementary capital estimate of £420,000, funded from capital receipts in order to provide a capital loan to Glendale Golf over a ten year period for the construction of the facility on the terms noted within the report.

 

c)      delegates authority to the Head of Legal, Democracy and HR and the Head of Corporate Finance to negotiate the detailed terms of the loan agreement and appropriate security, ensuring state aid compliance. (Generic Delegation 3 will be used to enact this recommendation).

 

d)      notes that the terms of the agreement will result in ownership of the improved facility remaining with the Council. This will provide an improved asset at the end of the current lease agreement.

 

Reasons for the Recommendations

 

The proposal will provide an additional family oriented attraction within Tilgate Park, which will also be unique within the town and surrounding area. In addition the return on investment meets the Council’s criteria and the proposal will result in an improved asset.