Report by the Chief Operating Officer
26.1 The Lead Member considered a report by the Chief Operating Officer.
26.2 RESOLVED to (1) approve the acquisition of the freehold of land at Sandrock Hall Bends, The Ridge, Hastings in accordance with the section 52 agreement dated 1 August 1986;
(2) declare the property surplus to Council operational requirements; and
(3) delegate to the Chief Operating Officer negotiation of the final terms and conditions in line with sections 120 and 123 of the Local Government Act 1972.
26.3 The section 52 agreement stated that the land would be transferred to the County Council at nil consideration, but the transfer did not take place. The new owners have agreed to be bound by the terms of the agreement. Hastings Borough Council wish to acquire the land, and the disposal would be for a minimum net capital receipt of £19,000.