Decision details

RESOLVED:

(1)       That the land off Templars Lane, Preston be declared surplus to the District Council’s requirements and then placed on the open market for sale on a subject to planning basis for residential development;

(2)       Following receipt of offers for the land identified in Appendix A, the decision to accept an offer is delegated to the Service Director for Resources, in consultation with the Executive Members for Finance and IT. Offers will be evaluated against alternative development options.

REASONS FOR DECISIONS:

(1)       To provide a financial receipt to help fund the District Council’s capital programme;

(2)       Marketing the land on the open market will maximise interest from developers and satisfy the requirements to obtain the best price reasonably obtainable.