Decision details

NB: This item was considered following consideration of the Part 2 item of the same name.

RESOLVED:

(1)       That the land at The Snipe, Weston be declared surplus to the District Council’s requirements and the decision to place upon the open market or pursue alternative development options be delegated to the Service Director for Resources, in consultation with the Executive Member for Finance and IT;

(2)       If the property is placed on the open market for sale, then 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 Member for Finance and IT.

REASONS FOR DECISIONS:

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

(2)       To facilitate the provision of new private and affordable housing through the use of Council owned land that might otherwise remain of limited benefit to the community;

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