Issue - meetings

Proposed Disposal of land at Fairfields, Thetford

Meeting: 09/06/2015 - Cabinet (Item 55)

55 Proposed Disposal of land at Fairfields, Thetford (Agenda item 9) pdf icon PDF 71 KB

Report of Trevor Carter, Executive Member for Strategic Development & Assets.

Additional documents:

Minutes:

The Executive Member for Strategic Development & Assets presented the report.  This was a straightforward disposal and would be a win, win situation if approved.  The land had been advertised accordingly and only one objection had been received.

 

The options were highlighted.

 

Councillor Chapman-Allen was pleased to see this happening in Thetford as it would allow the Drakes Infant School to expand in future years.

 

Option 1

 

Consider the outcome of the public advertising of the Council’s intention to dispose of this land and to confirm the cabinet decision made on 13 January 2015 to dispose of two areas of Public Open Space adjacent to the Drakes Infant School at Fairfields in Thetford to Norfolk County Council for the sum of £35,000 following publication of the disposal.   The land to be sold subject to an uplift clause reserving Breckland Council 40% of any increase in value arising from the granting of any planning consent for a further alternative use or development of the site in future.

 

Option 2

 

Do not agree to the disposal of land and seek to continue to negotiate a higher value.

 

Option 3

 

Do not undertake any further negotiations or action and retain the land.

 

Reasons

 

The following reasons supported Option 1:

 

·        The land would be disposed of for more than its existing use value, i.e. the disposal price includes an element of hope value which is a best estimate juncture.

·        This would avoid a Compulsory Purchase Order situation between the two authorities.

·        The location requires a school expansion more than a residential scheme as identified by the Local Education Authority (NCC).  By providing this land at what is deemed a “fair value”, the Council contributes to the growth of Thetford through the expansion of this school.

·        The Council’s interests in this land are protected by the uplift clause should NCC apply for a further change of use in the future i.e. residential development.

 

RESOLVED that:

 

1.     the outcome of the public advertising of the Council’s intention to dispose of this land be considered;

 

2.     the Cabinet decision made on 13 January 2015 to dispose of two areas of land adjacent to the Drakes Infant School at Fairfields in Thetford to Norfolk County Council for the sum of £35,000 following publication of the disposal be confirmed; and

 

3.     the land be sold to Norfolk County Council subject to an uplift clause reserving Breckland Council 40% of any increase in value arising from the grant of planning consent for further alternative use or development of the site in the future.