Clwyd Leisure will relinquish and hand back to the Council the leases of the Sun Centre, Nova and North Wales Bowls Centre today, together with the associated transfer of all site and support staff.
The Company is prepared to hand over to the Council all the fixed assets and equipment and a sum of £75,000 with a "real commitment" to provide further funds if they are available after closedown.
This will allow the facilities to remain open, secure the jobs of the staff, give customers confidence to continue using the facilities and allow the Council to determine the direction of the tourism and leisure offer in the towns of Rhyl and Prestatyn, the company said.
More top news
It'll be an unsettled afternoon across Wales, with blustery winds and heavy rain. Gales expected in many areas.
A bronze war memorial which was moved from a fire damaged chapel in Aberystwyth seven years ago is now being returned to its original place.
The compulsory 'scores on the doors' system is helping to drive up standards across Wales, according to the Deputy Health Minister.