Decision details

Disposal of Land at Faverdale East Business Park

Decision Maker: Director of Economic Growth and Neighbourhood Services

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The Council owns land at Faverdale East Business Park which is available for inward investment/industrial development and has already sold a number of plots over the last few years.

In July 2019 (Min C26/Jul/19) Cabinet approved the leasehold sale of 2.525 acres of land at Faverdale East Business Park, subject to terms.

Decision:

That the Assistant Director for Law and Governance be authorised to document the sale of the property accordingly.

Reason - To achieve a capital receipt for the Council and to assist business development and job creation in Darlington.

Alternative options considered:

None.

Publication date: 07/01/2020

Date of decision: 16/07/2019