Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To approve a marketing strategy for the disposal of 6.9 hectares of land for employment use and to seek delegated powers to sign off final terms.
Councillor Stephen Simkins presented the report on a proposal to market and dispose of land identified for employment use at Bilston Urban Village East, and to agree delegated authority to approve the final detailed terms for disposal to the preferred bidder.
1. That the marketing and disposal of land to enable the delivery of industrial/commercial development at Bilston Urban Village East, the site being outlined in red on the plan at Appendix 1 to the report be approved.
2. That authority be delegated to the Cabinet Member for City Economy in consultation with the Director of Regeneration and the Director of Finance to approve the preferred bidder and negotiate and agree the detailed final sale terms for disposal of the land.
3. That the completion, execution and sealing of any legal documents required during the process of disposing of the land be authorised.
Report author: Simon Lucas
Publication date: 10/09/2020
Date of decision: 09/09/2020
Decided at meeting: 09/09/2020 - Cabinet (Resources) Panel
Effective from: 17/09/2020