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Decision details
Bilston Urban Village - Long Term Land Management Arrangements
Decision Maker: Cabinet (Resources) Panel
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To approve a fully funded budget to meet the costs of an endowment to the Land Trust for the long term management of open space land at Bilston Urban Village; and to approve the signing of a 125 lease and funding agreement following previous approvals to heads of terms.
Decisions:
Councillor Ian Brookfield presented the report on proposed arrangements for the long term maintenance of open space land at Bilston Urban Village.
Resolved
1. That the creation of a capital budget which is equal to the costs of the proposed endowment to The Land Trust for the management of land at Bilston Urban Village as described in the report be approved.
2. That the Chief Legal Officer be authorised to execute the grant of the 125 year lease, the funding agreement and licence with The Land Trust which govern the proposed long term land management arrangements.
Report author: Simon Lucas
Publication date: 01/10/2019
Date of decision: 01/10/2019
Decided at meeting: 01/10/2019 - Cabinet (Resources) Panel
Effective from: 08/10/2019