Acquisition and Development of Land in Skelmersdale
To consider the report of the Corporate Director of Transformation, Housing & Resources.
Additional documents:
Minutes:
Consideration was given to the report of the Corporate Director of Transformation, Housing & Resources, as contained on pages 907 to 918 of the Book of Reports, which set out an opportunity for the Council to acquire and develop a derelict site in Skelmersdale for an affordable housing scheme and to obtain approval to proceed with the scheme, including authorising the release of the appropriate funds.
A Motion to approve the recommendations at 2.1 to 2.4 of the report, was moved and seconded.
An Amendment to the Motion, circulated prior to the meeting, was moved and seconded.
During the debate, the mover and seconder accepted the Amendment, with the agreement of the meeting.
A vote was taken on the Amended Motion, which was CARRIED.
RESOLVED: A. That authority be delegated to the Head of Finance, Procurement and Commercial Services, in consultation with the Portfolio Holder for Finance & Economic Regeneration, to bid to acquire the site of the former Hope High School either by private treaty or on the open market by way of tender, auction or other open market method of sale, up to the value compatible with the development appraisal prepared by Tawd Valley Developments Limited, as referenced within the report.
B. That should the Council's bid be accepted, authority be delegated to the Head of Finance, Procurement and Commercial Services, in consultation with the Portfolio Holder for Finance & Economic Regeneration, to undertake all steps necessary to complete the acquisition of the site.
C. That the development appraisal attached to this report be approved as a basis for the proposed acquisition and development.
D. That Tawd Valley Developments Limited (TVDL) be authorised to proceed with the proposed development in accordance with the project plan and costings set out in Paragraphs 4.2 and 7.1 and Appendix 3 of the report.
E. That that the financial limit to which the Council be authorised to bid for the land, be based on the valuation provided by the District Valuer and included in an up to date development appraisal from Tawd Valley Developments Ltd.
(Note: This item was considered before item 18 on the agenda 'Tawd Valley Developments Ltd – Business Plan Update'.)