Ranscombe Farm
Decision:
The Cabinet granted delegated authority to the
Director of Finance and Corporate Services, in consultation with
the Director of Development and Environment, on the best terms
reasonably obtainable to:
a) Grant a 25-year Head Lease to Plantlife International of 185ha
of Ranscombe Farm.
b) Execute the sale of 44ha of land at Ranscombe Farm to Plantlife
International.
c) Take a lease back of the 44ha site and sublet it back to
Plantlife.
d) To ring fence the capital receipt (£225,000) received from
the sale for re-investment into the Ranscombe Farm Country Park
project.