Decision details

Sale of land at Leicester Road, Broadnook

Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To seek authority for a direct disposal of the Councils freehold interest in land at Leicester Road, Broadnook to Barwood Land and Davidson Homes (“the developers”).

Decision:

To:

 

         Approve the freehold disposal of the Councils interest in the land at Leicester Road, Broadnook (identified in Appendix 1) to Barwood Land and Davidsons Homes  (the Purchaser)

 

         Instruct Legal Services to serve notice to quit on the tenant farmer on the Councils land interest at Leicester Road, Broadnook and prepare the legal documentation for its sale.

Reasons for the decision:

To generate a capital receipt from the sale of the land, which will be ringfenced for capital purposes or to repay debt.

Alternative options:

Continue with the existing farm business tenancy.

Publication date: 26/09/2024

Date of decision: 26/09/2024

Effective from: 04/10/2024

Accompanying Documents: