Premium Content Subscriber only Ballina Shire Council is confident it will not delay the $40M purchasing process of the Lennox Hotel. Same as if tables were placed on the street, the use of that balcony triggered a lease agreement between the current owners and council, in this case for the use of the 'airspace'. The lease expired last November, and is currently running on month-to-month basis. Councillors decided to engage an independent valuator to update the amount required for the lease during last week's meeting. Council will complete the new valuation of the balcony this week and it is not expected to require an extraordinary meeting to take place.