Decision details

Land at the Former Shell ICI Site - Proposed Option Agreement

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the principle of entering into an Option Agreement for the disposal of land at the Former Shell ICI site, Middleton, subject to a further report on the detailed heads of terms.

Decisions:

(Cabinet Member with Special Responsibility Councillor Hamilton-Cox)

 

Cabinet received a report from the Head of Resources seeking authority to enter into an option agreement for the disposal of land forming part of the former Shell ICI site.  The report was exempt from publication by virtue of paragraph 3, of Schedule 12A of the Local Government Act 1972.

 

The options, options analysis, including risk assessment and officer preferred option, were set out in the exempt report:

 

Councillor Hamilton-Cox proposed, seconded by Councillor Leytham:-

 

“(1)      That the recommendations, as set out in the exempt report, be approved.”

 

Councillors then voted:-

 

Resolved:

 

(7 Members (Councillors Blamire, Bryning, Hamilton-Cox, Hanson, Leytham, Sands and Smith) voted in favour, and 1 Member (Councillor Barry) abstained.)

 

(1)               That the principle of the Option Agreement is entered into for the disposal of land forming part of the land at the former Shell ICI site be agreed on the terms as set out in the exempt report, so that the company referred to in the exempt report commence site investigations following the necessary documentation being completed.

(2)               That the Head of Resources be granted delegated authority to complete the Option Agreement.

(3)               That a report be presented back to Cabinet setting out the proposed terms for sale of the site, prior to completion.

(4)               That should the Option Agreement require extending beyond the initial two year period, this would be subject to the company referred to in the exempt report showing that they had made adequate progress towards obtaining statutory consents, and a progress report being presented back to Cabinet prior to the extension being agreed. 

 

Officers responsible for effecting the decision:

 

Head of Resources

Head of Governance

 

Reasons for making the decision:

 

Entering into an Option Agreement for the future disposal of the Council’s freehold interest in the site would represent a good way forward, given the Council’s aims for this site.

 

 

Report author: Julia Greenwood

Publication date: 14/02/2013

Date of decision: 12/02/2013

Decided at meeting: 12/02/2013 - Cabinet

Effective from: 22/02/2013

Accompanying Documents: