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Council secures sports centre lease agreement
By Pete Hayman 13 Dec 2010
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.

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