Decision details

N.B. This item was considered in restricted session and therefore no recordings were available.

Councillor Tamsin Thomas, as Executive Member for Enterprise, presented the report entitled ‘Grant of an option agreement for the sale of land to facilitate access to strategic housing site GA2’.

Councillor Tamsin Thomas proposed and Councillor Ian Albert seconded and, following a vote, it was:

RESOLVED: That Cabinet:

(1)         Approved the Council entering into an option agreement for the sale of the Council owned parcel of land edged red on the plan at Appendix B in accordance with the Heads of Terms attached at Appendix F of the Part 2 report. 

(2)         Delegated authority to the Director – Governance in conjunction with the Director – Resources to complete, sign and seal all documents to give effect to the recommendations.

REASON FOR DECISIONS: To ensure that access is available to facilitate the development of GA2, a Strategic Housing site allocated in the Local Plan, which will assist in the delivery of circa 600 new homes and associated facilities including affordable homes. Completion of the sale is also expected to generate a capital receipt.