Decision - Community Stadium - Park Wall Farm

(1)         That Cabinet agrees in principle the disposal to The Community Stadium Ltd of land that previously formed part of Park Wall Farm (shown on plan attached at Appendix 1) on long leasehold for 125 years and that agreement to the terms of the disposal be delegated to the Strategic Director Resources in consultation with the Cabinet Member for Finance and Central Services.

The existing planning consent for the stadium includes consent for the provision of a car park on the subject land to provide spaces (119no) on match days for Club Directors, senior staff, players and people with disabilities.

In January 2009 Cabinet agreed to a disposal of this site by way of a long leasehold interest to support the club’s endeavours whilst achieving a capital receipt for the council reflective of the land’s value.  Those terms have now been agreed.

Given the previous Cabinet decision (15 January 2009), the planning permission granted, the construction works completed by the club and the limited access to the land by any other party it would be impractical to consider alternative options at this stage.