Issue - decisions

Cabinet approved unanimously

Option1:         the sale of land identified on Plan ‘A’ (access land) for the price of £200,000.  This will include an overage clause to secure a further capital receipt of 50% of the uplift if further development was granted.  Heads of terms to be agreed by the Head of Housing Strategy.

and

Option 2:        the sale of garden land identified on Plan ‘B’ for the price of £5,000 subject to improvements to fencing and car parking for the tenant at no.31 Station Road.  Heads of terms to be agreed by the Head of Housing Strategy.

To approve the option for the sale of land identified on Plan ‘A’ (access land) for the price of £200,000.  Heads of terms to be agreed by the Head of Housing Strategy.

To approve the option for the sale of garden land identified on Plan ‘B’ for the price of £5,000 subject to improvements to fencing and car parking for the tenant at no.31 Station Road.  Heads of terms to be agreed by the Head of Housing Strategy, subject to an overage clause to secure further capital receipt of 50% of the uplift if further development was granted.