Land at Borough Way, Seacombe
Decision Maker: Cabinet Member - Finance & Resources
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The report of the Assistant Chief Executive sought approval to the release of a restrictive covenant in respect of a small parcel of land amounting to 45 square metres located in Borough Way, Seacombe.
Resolved - That the Corporate Director of Delivery Services / Assistant Chief Executive be authorised to release a restrictive covenant in respect of 45 square metres of land located in Borough Way, Seacombe for a consideration of £1,000 plus fees of £700.
Reasons for the decision:
To make the best use of the Council’s property assets by releasing a restrictive covenant which will generate a capital receipt and facilitate residential redevelopment.
Publication date: 09/09/2019
Date of decision: 09/09/2019
Effective from: 17/09/2019