Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
RESOLVED that Cabinet:
A Declared the Stow Depot as surplus to requirements.
B Approved plans to dispose of the Council’s freehold interest in the Stow Depot conditional upon the purchaser delivering a satisfactory mixed use scheme of redevelopment, incorporating an appropriate level of affordable and social housing.
C Delegated the Head of Place, in consultation with the Portfolio Holder for Regeneration and Enterprise, the authority to negotiate and finalise the terms of the disposal and (subject to being satisfied that it would be for the best consideration reasonably obtainable) thereafter procure the legal completion of the development and sale documentation (and all ancillary documents).
Report author: Graeme Bloomer
Publication date: 15/09/2017
Date of decision: 14/09/2017
Decided at meeting: 14/09/2017 - Cabinet
Effective from: 23/09/2017