Agenda item

Report of the Managing Director and the Director of Economic Growth and Neighbourhood Services.

The Cabinet Member with the Economy Portfolio introduced the report of the Managing Director and Director of Economic Growth and Neighbourhood Services (previously circulated) requesting that consideration be given to exchanging 1.14 acres of land held by the Council at Whessoe Road, as shown hatched on the plan at Appendix 1 to the submitted report, for 0.83 acres of land adjacent to Drinkfield Marsh, as shown hatched on the plan at Appendix 2 of the submitted report.

The submitted report outlined the background to both areas of land; the proposed terms of the land exchange; and the valuation, finance and planning comments.

RESOLVED - (a)  That the exchange of land, on the terms as set out in the submitted report, be approved.

(b)  That the Assistant Director Law and Governance be authorised to complete the transfers of land accordingly.

REASON - In order to safeguard Drinkfield Marsh Local Nature Reserve.