Cabinet Member for Finance and Performance

Cabinet considered the report of the Head of Property Services which sought to obtain approval for the freehold transfer of the Council owned sites at Evergreen Close, Iwade and Colegates Close, Oare shown on Appendix I, to Optivo with a view to developing the land for new affordable housing provision.

The Cabinet Member for Finance and Performance advised that there was no access to the land as it was owned by Optivo, and this was a good opportunity for Optivo to generate more housing.

A Member suggested that Optivo could consider developing more land on the backs of properties with large curtilages.

A Member encouraged the consultation of Ward Members if land became available.

Resolved:

(1)  That the Council agrees in principle to transfer the freehold of the sites to Optivo for the sums set out in Appendix III of the report.

(2)  That the Head of Property Services in consultation with the Cabinet Member for Finance and Performance be authorised to finalise the terms,  and the Head of Legal Services be authorised to complete the necessary legal formalities in due course including advertising the proposed disposal of open space.