Issue - meetings

To consider a report on the disposal of the ‘Teardrop’ site at Abbey Stadium.

(Report attached)

RESOLVED that

1)       the land known as the “Tear Drop” be disposed of for the purposes detailed in the report; and

2)       Officers be instructed to proceed with the offer from Party E as detailed in the confidential Appendix 2 to the report.

(Members re-affirmed their intention to direct the income towards the Abbey Stadium Redevelopment project.  There was no discussion in confidential Session.)

The Committee was asked to formally declare as surplus the ‘tear drop’ site adjacent to the Abbey Stadium and Cemetery / Crematorium area. Members confirmed that it had been the Council’s intention as part of the earlier, larger-scale proposed Abbey Stadium redevelopment to offer this site for redevelopment. However, it appeared no formal decision to do this had yet been recorded.

Members re-affirmed their intention to direct the income derived from the sale towards the Abbey Stadium Redevelopment project.

Members also determined which of five offers for the site, reported in the confidential appendix to the report, should be accepted.

(There was no discussion in confidential Session.)

RESOLVED that

1)       the land known as the “Tear Drop” be disposed of for the purposes detailed in the report; and

2)       Officers be instructed to proceed with the offer from Party E as detailed in the confidential Appendix 2 to the report.