Decision details
Sale of 8 electrical substation sites throughout the Gedling Borough
Reference: D616
Decision Maker: Portfolio Holder for Corporate Resources and Performance
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To seek approval to sell 8 electrical
substation sites (Sites) throughout the Gedling Borough to the
current occupiers - Western Power (WP) as shown coloured pink in
the plans at Appendix 1.
Decision:
THAT:
the Sites are sold for £3,500 each to WP, a total of
£28,000 for all 8 sites.
Reasons for the decision:
(a)it is unlikely that there would be another
interested purchaser for the Sites
(b) sale of the Sites will provide the Council with a capital
receipt
(c) there will no longer be any maintenance liability associated
with Labray Road.
Alternative options considered:
An alternative option would be not to sell the
Sites to the special purchaser. As the sites produce very little
income and have no current alternative use, the capital received
from the sale would appear to be a more preferable
alternative.
Publication date: 10/10/2017
Date of decision: 10/10/2017
Accompanying Documents:
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