Issue - meetings

This report is seeking an immediate payment to LeisureSK Limited of £150,000 to enable the continuation of the delivery of leisure centre services.

Note:  Debbie Roberts was a Director on the Board of LeisureSK Limited (as well as being an officer at South Kesteven District Council) and left the Council Chamber during this item.

Purpose of report

To consider a request for an immediate payment to LeisureSK Limited of £150,000 to ensure the continued delivery of leisure centre services.

Decision

That Cabinet:

1.    Approves an immediate management fee payment of £150,000 to LeisureSK Ltd.

2.    Delegates to the Council’s Section 151 Officer in consultation with the Cabinet Member for Finance and Economic Development responsibility to identify the most appropriate source of funding from which to make the payment.

Alternative options considered and rejected

The Council could have chosen not to approve the increased management fee request. However, this would have meant LeisureSK Limited would not be able to meet its cashflow requirements which would have resulted in centres facing immediate closure.

Reasons for decision

To ensure LeisureSK Limited could meet its cashflow requirements in January 2024 and that the leisure centres across the District could continue to operate.