Decision details
Proposed Disposal of Council Owned Assets to Coningsby Town Council:
Decision Maker: Executive Board
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: Yes
Decision:
- That the land at Hudson Drive and Curtis Drive, Coningsby, edged red on the plans at Appendix 2 of the report be declared surplus to the Council’s requirement;
- That the Deputy Chief Executive, Programme Delivery and Assistant Director - General Fund Assets be delegated authority to follow the advertising process set out by Section 123 (2A) of the Local Government Act, 1972, in respect the land set out in Recommendation 1.
- That the lawful exemptions set out within The Local Government Act 1972: General Disposal Consent (England) 2003 to agree the disposal of the freehold title of the two plots of land set out in Recommendation 1, to Coningsby Town Council at their restricted market value of £1 each, representing a notional undervalue of £8,998 be relied upon in the event that no representations are received by the Council in respect of recommendation 2.
- That the Deputy Chief Executive, Programme Delivery and Assistant Director - General Fund Assets be delegated authority to protect the Council’s future position by specifying appropriate Restrictive Covenants within any resulting conveyance, including an 80% overage clause on both assets.
In the event that any representations are made to the Council in respect of recommendation 2, recommendations 3 and 4 cannot take effect and the Executive will need to formally consider any representations made before making a final decision.
Report author: Andrew Sweeney
Publication date: 04/04/2025
Date of decision: 02/04/2025
Decided at meeting: 02/04/2025 - Executive Board
Effective from: 16/04/2025
Current call-in Count: 0
Accompanying Documents:
- Proposed Disposal of Council Owned Assets to Coningsby Town Council EB 250402
PDF 265 KB
- Appendix 1 - ELDC Coningsby Assets - Site Location Plans EB 250402
PDF 772 KB
- Appendix 2 - Asset Proposed for Transfer EB 250402
PDF 125 KB
- Appendix 3 P C Valuation Report - Coningsby (incl Alford)_Redacted EB 250402
PDF 4 MB