Issue - meetings

Councillor Beales presented a report which explained that the former Grain Silo site was a site that was prominently located on the South Quay in King’s Lynn.  The Silo site had been available for development since 2005, however the site remained undeveloped.  It was considered an important strategic site that would provide the link between the developed South Quay area and the proposed Waterfront Regeneration Area to the south, at Boal Quay, which was owned by the Borough Council. 

The report reminded Members that regenerating urban areas was identified as a priority within the Council’s Corporate Business Plan, specifically to take action to improve derelict land and buildings.

The Borough Council had been interested in acquiring the site for a number of years to contribute to the Council’s regeneration ambitions for King’s Lynn, and the site was currently available for sale.  Discussions had been held with the current owners of the site, and preliminary terms for acquiring the site had been negotiated.  The report set out the terms for the Borough Council to acquire the freehold of the site, and sought authority from Cabinet to progress the acquisition.

Cabinet supported the acquisition of the site which was an important area for the town in need of regeneration.  The Resources and Performance Panel had fully supported the proposal.

RESOLVED:1)       That the content of the report be noted.

2)       That authority be granted to the Council’s Property Services Manager to finalise the terms for the acquisition of the site; and

3)       That the Council’s Legal Services Manager be authorised to effect and complete all necessary legal documentation associated with the acquisition of the site.