The Cabinet agreed to exercise the option to
purchase the Ranscombe Farm site within the current financial year
subject to Council approving the addition to the capital
programme.
The Cabinet granted delegated authority to the Director of Finance
and Corporate Services in consultation with the Director of
Development and Environment and the Portfolio Holders for Front
Line Task Force and Finance on the best terms reasonably obtainable
to:a) Transfer the Freehold of part of the Ranscombe Farm site to
Plantlife (or other party). The extent of the area to be
transferred is to be commensurate with the consideration payable to
the council.b) Take a long lease of this area back from Plantlife
(or other party) and then sublet this area back to it.c) To grant a
long lease of the remaining area to Plantlife (or other
party).