Decision Maker: Cabinet
Decision status: Decision made
Is Key decision?: Yes
Is subject to call in?: Yes
To consider a property report.
The Cabinet agreed that the land in Shanklin
Close is declared surplus.
The Cabinet agreed to enter into an option agreement to release the
restrictive covenants to allow residential use and upon receipt of
full planning permission the covenants be released and the land in
Shanklin Close sold for a consideration set out in the exempt
appendix, plus legal and surveyor's fees.
There are no sustainable reasons for the
Council to continue to retain the land in Shanklin Close or for the
covenants to be enforced. This is an opportunity for the Council to
receive a capital receipt.
Publication date: 27/01/2004
Date of decision: 27/01/2004
Decided at meeting: 27/01/2004 - Cabinet
Effective from: 07/02/2004
Accompanying Documents: