Decision - Patcham Court Farm site – long leasehold disposal for commercial development
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Decision details
Patcham Court Farm site – long leasehold disposal for commercial development
Decision Maker: Cabinet (pre 2012)
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To seek Cabinet Approval for the disposal to
the preferred developer following open marketing of the site by the
council’s agents.
Decision:
(1) That Cabinet approves:
(a) The disposal of the site to Bidder A on a long lease of 125 years at a premium for a mixed hotel and office development subject to planning.
(b) Continuing discussions with Bidder B or any of the other bidders, or other parties which may come forward, in the event that the terms are not concluded.
(2) That Cabinet notes the letter of 17 February 2011 from DMH Stallard.
Report author: Angela Dymott
Publication date: 17/02/2011
Date of decision: 17/02/2011
Decided at meeting: 17/02/2011 - Cabinet (pre 2012)
Effective from: 25/02/2011
Accompanying Documents:
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