Issue - meetings

Report by Chief Operating Officer

26.1     The Lead Member considered a report by the Chief Operating Officer.

DECISIONS

26.2        The Lead Member RESOLVED to:

1)    Note the summary of the responses to the public notice of the Council’s intention to dispose of the site;

2) Approve that the site is to be marketed on the open market by an appointed marketing agent; and

3) Approve the exercise of the Landlord’s option to break the lease relating to the site at an appropriate time.

REASONS

26.3        The Council has considered the outcome of the responses from members of the public concerning the intention to dispose of the site, as summarised in the report. The feedback on the proposal to dispose of the site is balanced in terms of the numbers for and against.

26.4     In the absence of consent from the Secretary of State, the Council is obliged under s.123 of the Local Government Act 1972 to dispose of assets at the best consideration that can reasonably be obtained. In addition, the disposal of the land will support the likely provision of housing in the local area.

26.5     In order to dispose of the Site, it is necessary to exercise the Landlord’s option to break the existing lease relating to the site at a time that is considered to be appropriate.