Proposed decision –
to approve the Director of Infrastructure to progress with and enter into the necessary documentation to complete the freehold disposal of the land in consultation with the Cabinet Member for Finance, Corporate and Traded Services.
· Reason for the decision – Proposed property disposal in line with the Council’s s.123 best consideration obligations and over £1million which requires a key decision.
· Background – The disposal of c.14.28 acres of Council owned agricultural land which is surplus to KCC requirements and allocated for residential development under current Local Plan. The land has been identified along with land in the ownership of Canterbury City Council as potential expansion of the hospital in Canterbury subject to consideration of the options available by NHS I/E. This decision seeks agreement for the inclusion of KCC’s land if required.
· How the proposed decision meets the objectives of ‘Increasing Opportunities, Improving Outcomes: Kent County Council’s Strategic Statement (2015-2020)’ - Securing a capital receipt to fund the capital programme and to streamline the Council’s property portfolio to achieve financial and efficiency benefits in line with appropriate policy.
Decision type: Key
Reason Key: Expenditure or savings of more than £1m;
Decision status: Recommendations Approved
Division affected: Canterbury City South; Canterbury South;
Notice of proposed decision first published: 08/07/2021
Decision due: Not before 6th Aug 2021 by Deputy Leader and Cabinet Member for Finance, Corporate and Traded Services
Lead member: Deputy Leader and Cabinet Member for Finance, Corporate and Traded Services
Contact: Charlie Simkins Phone number: 03000 416976 Email: email@example.com Tel: 03000 411009.
Financial implications: Anticipated capital receipt over £1m in line with Council’s s.123 best consideration obligations. The sale of the property will result in a capital receipt for KCC which will be used to support the Council’s Capital Programme. The timing of the capital receipt will be dependent on any expansion coming forward and being approved by NHS I/E and the development being brought forward.
Legal implications: Legal documentation will be actioned to implement the sale. External legal advice on the advice of general council has been sought.
Equalities implications: N/A