Decision details

To seek approval for the transfer of the freehold interest in the open space at Stockings Farm, Arnold, as shown edged red in the plan at Appendix 1, (“the Open Space”) from Bellway Homes to the Council.

THAT:
1)Approval is given for the Council to accept the transfer of the freehold interest in the Open Space at Stockings Farm, Arnold.

Transfer of the open space to the Council will ensure that the land is managed in accordance with the Council’s policies.

An alternative option could be not to adopt the Open Space so that the Developer would either have to retain the ownership of the Open Space or transfer it to a management company. However, under this scenario the Council would have no future control of the design, layout, repair and maintenance of the Open Space.
Another option would be to transfer the Open Space to the local community however no such requests for transfer have been made at this time.