Issue - meetings

Sale of land to WV Living - Daisy Bank, Ash Street, Wolverhampton

Meeting: 14/01/2020 - Cabinet (Resources) Panel (Item 12)

Sale of Site to WV Living - Daisy Bank Community Centre, Ash Street, Bilston

[To approve the sale of a parcel of land to WV Living for redevelopment]

 

Additional documents:

Decision:

1.       That the sale of the former site of Daisy Bank Community Centre, Ash Street, Bilston to WV Living, at market value, the valuation to be undertaken by the District Valuer or other independent Valuer prior to any sale, to enable disposal at market value and for the Council to enter into the necessary legal agreements to facilitate the sale be approved.

 

2.       That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Director of Finance to agree the terms of the disposal to WV Living.

 

Minutes:

Councillor Peter Bilson presented the report that sought approval to the disposal of the former site of Daisy Bank Community Centre, Ash Street, Bilston to WV Living, to enable its redevelopment with up to 24 homes with a mix of market sale and shared ownership.   The former site was a small site, with many ground condition issues, and the restricted number of units that could be built, between 22 - 24, together with the highways condition, might make it unattractive to another developer.

 

Resolved:

1.    That the sale of the former site of Daisy Bank Community Centre, Ash Street, Bilston to WV Living, at market value, the valuation to be undertaken by the District Valuer or other independent Valuer prior to any sale, to enable disposal at market value and for the Council to enter into the necessary legal agreements to facilitate the sale be approved.

 

2.    That authority be delegated to the Cabinet Member for City Assets and Housing in consultation with the Director of Finance to agree the terms of the disposal to WV Living.