Issue - meetings

RESOLVED:            1)         That the disposal of the land asset, and property, is progressed along the lines set out within the report.

2)          That delegated authority is given to the Assistant Director Property & Projects to market the site, consider offers received, and finalise disposals terms for the site, and property, detailed within the report, in consultation with the Portfolio Holder Property.

3)            That authority is granted to the council’s Legal Services provider to progress the necessary transfer, or any other associated, documentation through to completion.

Reason for Decision

The disposal of the assets identified within this report will contribute significantly to the funding of the council’s capital programme thereby helping to deliver some of its corporate objectives.  In addition, the sale of this site will provide an opportunity for the private sector to invest in the local economy and deliver a number of housing units

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Cabinet considered a report which explained that the Borough Council owned a parcel of land that had the potential for residential development, plus an adjacent residential property.  The report set out proposals for these sites and recommended to Cabinet that the properties were marketed for sale, and disposed, if an appropriate price was secured.  The council would be seeking a purchaser/developer that would deliver the housing development in line with the planning permission secured.

In discussing the report and proposals Councillor Sandell as ward members sought assurance that in selling the land the planning permission received would be adhered to.  It was confirmed that in selling the plots it would be made clear that was what was sought to be delivered on it.  It was also confirmed that there was no covenant on the property being sold.

RESOLVED:            1)         That the disposal of the land asset, and property, is progressed along the lines set out within the report.

2)          That delegated authority is given to the Assistant Director Property & Projects to market the site, consider offers received, and finalise disposals terms for the site, and property, detailed within the report, in consultation with the Portfolio Holder Property.

3)            That authority is granted to the council’s Legal Services provider to progress the necessary transfer, or any other associated, documentation through to completion.

Reason for Decision

The disposal of the assets identified within this report will contribute significantly to the funding of the council’s capital programme thereby helping to deliver some of its corporate objectives.  In addition, the sale of this site will provide an opportunity for the private sector to invest in the local economy and deliver a number of housing units