Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To authorise the Director of Infrastructure, in consultation with the Cabinet Member for Corporate and Democratic Services, to finalise Terms of the following property disposals and enter into any agreement to finalise the transactions.
16/00065a – Land at Seabrook Road, Hythe
16/00065b – Land at Moat Farm Road, Folkestone
16/00065c – Surplus Land at Spring Lane, Canterbury
16/00065d – Land at Stock Lane, Wilmington, Dartford
16/00065e – Land at Astor of Hever, Oakwood Park, Maidstone
The sale of the assets will secure a capital receipt to fund the capital programme.
Financial Implications: An early disposal will save on security and holding costs. Disposal of surplus property is required to support the Council’s Capital Programme. If capital receipts are not realised this will impact on the delivery of the Capital Programme.
Legal Implications: None
Equality Implications: None
These matters are referred to in the Infrastructure Business Plan and the Medium Term Capital Programme.
As Cabinet Member for Corporate and Democratic Services, I agree to the sale of land at the five sites listed below, on the terms set out in the Exempt Report, and to delegate authority to the Director of Infrastructure, in consultation with the Cabinet Member for Corporate and Democratic Services, the Director of Finance and Procurement and the Cabinet Member for Finance and Procurement, to finalise the selected purchasers and terms of the proposed sales.
16/00065a – Land at Seabrook Road, Hythe
16/00065b – Land at Moat Farm Road, Folkestone
16/00065c – Surplus Land at Spring Lane, Canterbury
16/00065d – Land at Stock Lane, Wilmington, Dartford
16/00065e – Land at Astor of Hever, Oakwood Park, Maidstone
Publication date: 15/08/2016
Date of decision: 12/08/2016
Effective from: 23/08/2016
Accompanying Documents: