Decision details

Release of Restrictive Covenant, Priestfields, Rochester

Decision Maker: Cabinet

Decision status: Decision made

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Not for publication under paragraphs 8 and 9 of part 1 of Schedule 12A of the Local Government Act 1972, as the report contains confidential information concerning ongoing negotiations.

Decision:

261/2003 The Cabinet agreed to release the covenants on the terms set out in paragraph 8.1 (i) of the report.
262/2003 The Cabinet recommended to Council that the land be declared surplus to requirements to enable the Director of Finance and Corporate Services to dispose of it at best consideration using delegated powers.
263/2003 The Cabinet recommended to Council that this scheme be added to the approved Capital Programme.

Reasons for the decision:

The Covenants need to be released and Council approval is needed before the land can be sold. There is potential for the Council to receive a significant capital receipt for the land.

Publication date: 02/09/2003

Date of decision: 02/09/2003

Decided at meeting: 02/09/2003 - Cabinet

Effective from: 12/09/2003

Accompanying Documents: