Approval to vary the terms of an existing option agreement to bring forward a disposal of land.
Decision type: Key
Reason Key: Expenditure or savings of more than £1m;
Decision status: Recommendations Approved
Division affected: Ashford Central;
Notice of proposed decision first published: 07/08/2017
Anticipated restriction: Fully exempt - View reasons
Explanation of anticipated restriction:
the paperwork supporting the decision contains commercially-sensitive information
Decision due: Not before 8th Sep 2017 by Cabinet Member for Corporate and Democratic Services
Reason: In order that the proposed decision can be published for a minimum of 28 days, in accordance with statutory requirements and can be considered by the relevant Cabinet Sub-Committee before being taken
Lead member: Cabinet Member for Corporate and Democratic Services
Lead director: Rebecca Spore
Department: Strategic & Corporate Services
Contact: Joe Reidy, Estates Surveyor Tel: 03000 414437 Email: firstname.lastname@example.org.
The proposed decision was discussed and endorsed by the Property Sub-Committee on 8 September 2017. The minute of that item is included in the decision paperwork which the Cabinet Member has signed.
Financial implications: KCC will receive a capital receipt for the land and will extinguish liabilities that are associated with the use of this land.
Legal implications: KCC will be varying the terms of the existing option agreement allowing the land to be acquired at an earlier date.
Equalities implications: None.