Land at Fairfields, in Thetford
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
To consider the value to be achieved from the disposal of land at Fairfields in Thetford to support the expansion of the Drakes Infant School.
Decision:
That the two areas of land adjacent to the Drakes Infant School at Fairfields in Thetford be transferred to Norfolk County Council for the sum of £35,000; subject to, an uplift clause reserving Breckland Council 40% of any increase in value arising from the grant of planning consent for alternative use or development of the site.
Reasons for the decision:
See report.
Alternative options considered:
Options
- Agree to the disposal of both areas of land to Norfolk County Council for the sum of £35,000. The land to be sold subject to an uplift clause reserving Breckland Council 40% of any increase in value arising from the grant of planning consent for alternative use or development of the site.
- Do not agree to the disposal of the land and seek to continue to negotiate a higher value.
- Do not undertake any further negotiations or action and retain the land.
Report author: Ralph Burton, Zoe Footer
Publication date: 15/01/2015
Date of decision: 13/01/2015
Decided at meeting: 13/01/2015 - Cabinet
Effective from: 23/01/2015