Decision details
Sale to a Registered Provider of Site of Former Lyndale School
Decision Maker: Cabinet Member - Finance & Resources
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The report of the Assistant Chief Executive seeks approval to the sale of the site of the former Lyndale School, Eastham.
Decision:
Resolved - That the site of the former Lyndale School be declared surplus to the Council’s requirements and the Corporate Director of Delivery Services / Assistant Chief Executive be authorised to agree a sale of the site to Torus for £625,000 plus a contribution towards the Council’s fees of £1,250.
Reasons for the decision:
To enable a registered provider to develop the site for housing purposes and to generate a capital receipt from the sale of the land.
Publication date: 07/08/2019
Date of decision: 07/08/2019
Effective from: 15/08/2019
Accompanying Documents: