The Chief Executive approves the agreement to grant a long lease of land at Ten Acres Lane / Grimshaw Lane to Canmoor for a premium.  The lease of Land to Canmoor is necessary in order to allow the development of brownfield land that has been vacant for over 30 years. The land will be developed for employment uses and has received planning permission. The Council land adjoins land owned by Canmoor and the Council land cannot be developed beneficially in isolation. Both the Council land and that owned by Canmoor were originally occupied by the Mather and Platt’s factory complex, most of which ceased operating in the 1980’s.