Decision details

Stanton Cross - Sale of Land Delegations

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

That the Executive:

 

a)    Noted the ongoing legal obligations on the Council created by the Landowner agreement.

 

b)    Delegated authority to the Executive Member for Highways, Travel & Assets,in consultation with the Assistant Director for Assets & Environment, to agree future land sales for the Stanton Cross development site that are covered by the existing Landowner Agreement.

 

The reasons for the recommendation are:

 

·       The Council has a legal responsibility to process land sale requests in a timely manner within the conditions of the landowner agreement.

 

·       The agreement seeks to ensure successful development of Stanton Cross, supporting the growth and prosperity of North Northamptonshire, whilst generating a land receipt for the Council.

 

 

Alternative Options Considered:

 

·       To require each decision to go to the Executive for consideration. Given votes on land sales are majority led, it is likely a decision by the two other landowners will have been determined prior to any report being considered by the Executive.

 

·       The terms of the Landowner agreement are binding, including any minimum land value receipts received, therefore cannot be renegotiated or reneged on.  

 

Publication date: 19/05/2022

Date of decision: 19/05/2022

Decided at meeting: 19/05/2022 - Executive

Effective from: 27/05/2022

Accompanying Documents: