Disposal of Land at Springfield Road, Burnham-on-Crouch
To consider the report of the Director of Resources (copy enclosed).
Minutes:
The Committee considered the report of the Director of Resources presenting an offer received to purchase a plot of land in the Council’s ownership on Springfield Road, Burnham-on-Crouch.
Members were reminded that the Committee, at its meeting in September 2018, had resolved for the Director of Resources in conjunction with the Chairman of the committee to renegotiate to sell the land subject to a further report back and final approval by this Committee. The report provided background information following this meeting and advice provided by the Council’s Monitoring Officer.
In response to questions, the Director of Resources provided Members with further information regarding the original valuation costs and the viability assessment carried out.
Councillor A S Fluker proposed that the recommendation as set out in the report be agreed. This was duly seconded. Councillor Fluker also proposed that this be a recommendation to the Council which was agreed and the Director of Resources that this should have been detailed as such in the report.
RECOMMENDED that the piece of land identified in the report at Springfield Road, Burnham-on-Crouch be sold for a value of £250,000 with a further option at a minimum price of £250,000 and uplift determined by the external valuer should any further residential development take place on the site.