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Council secures sports centre lease agreement
St Albans City and District Council (SACDC) has secured an agreement with HSBC for the early termination of the Bricket Wood Sports Centre lease.
A settlement figure of £550,000 has been confirmed, which the local authority said would be "significantly less" than the £1.4m estimated cost of seeing out the lease. SACDC took the decision to cease operation of the venue for a number of reasons, such as the opening of Watford Leisure Centre and anticipated maintenance costs.