Issue - meetings

Disposal of the Site off Central Drive, Morecambe

Meeting: 29/03/2016 - Cabinet (Item 91)

Disposal of the Site off Central Drive, Morecambe

(Cabinet Member with Special Responsibility Councillor Bryning)

 

Report of Chief Officer (Resources)

 

Additional documents:

Minutes:

(Cabinet Member with Special Responsibility Councillor Bryning)

 

Cabinet received a report from the Chief Officer (Resources) which sought approval to the freehold disposal of part of the existing car park site north of Central Drive, Morecambe for the provision of a new drive-thru restaurant.  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 Bryning proposed, seconded by Councillor Clifford:-

 

“That the recommendation, as set out in the exempt report, be approved subject to confirmation that Appendix A is for illustrative purposes only.”

 

Councillors then voted:-

 

Resolved unanimously:

(1)            That the land off Central Drive shown edged in red on the plan attached to the exempt report (Appendix C) be declared surplus to requirements and disposed of to McDonald’s in line with the terms and conditions as set out in the exempt report.

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

(3)            Notwithstanding the inclusion of Appendix A to the report for illustrative purposes,  this decision does not in any way imply any approval, support or otherwise for any redevelopment or regeneration proposals relating to the land at Central Drive Morecambe beyond those already identified in the adopted Morecambe Area Action Plan.

 

Officer responsible for effecting the decision:

 

Chief Officer (Resources)

 

Reasons for making the decision:

 

The adopted Morecambe Area Action Plan is part of the Council’s policy framework. Policy DO5 identifies particular opportunities for investment and development of main town centre uses within this area and accepts that this may require reductions in car park capacity.  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 that has evolved from the development of the MAAP and will contribute to economic regeneration in Morecambe while at the same time allowing the Council to improve the management of its assets.