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  • Issue - decisions

    Amendment to Disposals and Acquisition Policy

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    23/09/2016 - DISPOSAL AND ACQUISITIONS POLICY: LAND AND PROPERTY - UPDATE ON THRESHOLDS AND THE SHARING OF CAPITAL RECEIPTS WITH TOWN AND PARISH COUNCILS

    i.  Endorse the continuation of the disposal and acquisition thresholds for land and property as previously approved by Council in July 2015; and

     

    ii.  Approve a revision to the Policy as follows:

     

    ‘When land is disposed of within a Town or Parish Council area and where there is no likelihood of any consequential development funding returning to the Parish Council (e.g. Community Infrastructure Levy or S.106), that following disposal the Parish Council receives 10% of any capital receipt received by the Council, subject to agreement by the Cabinet’.