Sale of Council-owned land at Shirebrook
Recommendations on page 436
(Paragraph 3)
Decision:
RESOLVED – that Executive
1) approve the sale of land owned by the Council to the rear of Hardwick Street in Shirebrook for market value as set out at paragraph 1.5 of the report.
2) delegate authority to the Director of Development to agree the final sales price and the remaining terms and conditions of the sale and sale agreement.
Minutes:
Executive considered the report of the Portfolio Holder – Economic Development which sought approval for the sale of Council-owned land in Shirebrook.
Moved by Councillor Liz Smyth and seconded by Councillor Duncan McGregor
RESOLVED – that Executive
1) approve the sale of land owned by the Council to the rear of Hardwick Street in Shirebrook for market value as set out at paragraph 1.5 of the report.
2) delegate authority to the Director of Development to agree the final sales price and the remaining terms and conditions of the sale and sale agreement.
REASON FOR DECISION:
The offer to purchase the Council’s land was for market value and the land had limited utility for the Council having recently entered into the purchase of a similar sized piece of employment land at another site with unfettered access.
OTHER OPTIONS CONSIDERED:
The alternative option of retaining the land in the Council’s ownership was rejected.