Decision details

(Cabinet Member with Special Responsibility Councillor Bryning)

Cabinet received a report from the Chief Officer (Resources) to declare surplus to requirements and consider and approve the freehold disposal of areas of land fronting Back Lane, Carnforth.

The options, options analysis, including risk assessment and officer preferred option, were set out in a report exempt from publication by virtue of paragraph 3, of Schedule 12A of the Local Government Act 1972.

Councillor Bryning proposed, seconded by Councillor Leytham:-

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

Councillors then voted:-

Resolved unanimously:

(1)             That the land off Back Lane, Carnforth, as shown edged and hatched red on the plan attached to the exempt report, be declared surplus to requirements and disposed of on the terms and conditions as set out in section 2.2 of the exempt report.

(2)             That Cabinet welcomes the additional capital receipt to be generated from the proposal, together with the resulting reduction in borrowing need and indicative revenue savings.

Officer responsible for effecting the decision:

Chief Officer (Resources)

Reasons for making the decision:

The Corporate Property Strategy requires that the Council review its asset base and only retain those assets required to meet its agreed objectives and priorities. Where assets are not required for this purpose they should be disposed of at best value. This is an opportunistic sale and it would also facilitate the delivery of additional units of affordable housing supporting the Corporate Plan’s Health and Wellbeing priorities.