Issue - meetings

Proposed Sale of Land at Killisick Lane

Meeting: 05/10/2023 - Cabinet (Item 37)

37 Proposed Sale of Land at Killisick Lane pdf icon PDF 290 KB

Report of the Property Services Manager.

Additional documents:

Minutes:

The Property Services Manager introduced a report, which had been circulated in advance of the meeting, seeking approval for the disposal of land at Killisick Lane via the open market and delegating authority to the Chief Executive in consultation with the Leader of the Council to agree the final sale price in line with market value and the Council’s Rules for dealing with land and buildings. The report also sought approval in principle, to sell the Council’s land jointly with a neighbouring landowner in order to secure best value and a comprehensive development on site, delegating authority to the Chief Executive in consultation with Legal Services to prepare a collaboration agreement to facilitate the joint sale.

 

RESOLVED to:

 

1)    Approve the disposal of Land at Killisick Lane (as shown outlined in red on Appendix 1 to the report) through private treaty on the open market as detailed in the report;

 

2)    Delegate authority to the Chief Executive in consultation with the Leader of the Council to accept the best offer for the land;

 

3)    Approve in principle, the joint sale of the Council’s land with the Arnold Parochial Charities adjoining land, subject to a collaboration agreement being agreed by both parties;

 

4)    Delegate authority to the Chief Executive in consultation with the Leader of the Council and the Legal Services Manager to prepare and complete a collaboration agreement with Arnold Parochial Charities to facilitate the joint sale of land; and

 

5)    Delegate authority to the Chief Executive in consultation with the Legal Services Manager to agree Heads of Terms and Conditions of sale for the disposal.