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Decision details
Power Company - Grant of Easement at Olinthus Avenue
Decision status: Deleted
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
The conversion of a wayleave to easement granted to the power company for existing apparatus in return for a compensation payment
Decisions:
Councillor Peter Bilson presented the report on a proposal to convert a current wayleave granted to National Grid into a permanent easement in return for a capital receipt. Capital receipt would support the Council’s Medium Term Financial Strategy.
Resolved:
1. That the conversion of a temporary wayleave granted to National Grid to a permanent easement to the land located adjacent to Olinthus Avenue, Wednesfield, Wolverhampton in return for a one-off compensation payment to the Council of £116,000 be approved.
2. That the Council enter into the Deed of Grant with National Grid for conversion of the current temporary wayleave to a permanent easement.
Report author: Luke Dove
Publication date: 15/01/2020
Date of decision: 14/01/2020
Decided at meeting: 14/01/2020 - Cabinet (Resources) Panel
Effective from: 22/01/2020