Issue - meetings

REPORT OF THE INTERIM PROPERTY CONSULTANT

To seek Cabinet’s approval for the declaration as surplus to the District Council’s requirements approximately 2.5 acres of land off Templars Lane, Preston, as shown edged red on the plan at Appendix A.

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.

Audio recording – 1 hour 15 minutes 6 seconds

The Executive Member for Enterprise and Cooperative Development presented the report entitled Land Off Templars Lane, Preston together with the following appendices:

·                Appendix A - Location Plan of Land to be Declared Surplus;

·                Appendix B – Ownership and previously Sold Land;

·                Appendix C - S.123 Local Press Advertisement;

·                Appendix D – Title of the District Council’s Land HD498282;

·                Appendix E – Title of Howard Cottage HA Land HD533173;

·                Appendix F - Parish Council Response.

It was moved by Councillor Keith Hoskins, seconded by Councillor Martin Stears-Handscomb and:

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.