Proposed disposal of land adjacent to 51 Pasture Road, Dagenham
Concerns land disposal matters (paragraph 3)
Additional documents:
Minutes:
Received a report from the Corporate Director of Resources concerning proposals to dispose of the freehold interest in the land adjacent to 51 Pasture Road Dagenham.
Agreed, in order to assist the Council to achieve its Community Priority of ‘Regenerating the Local Economy’ to authorise:
(i) accepting surrender of part of the plot from EDF Energy and a sale of this land to the owner(s) of 51 Pasture Road at £11,890 which represents the open market value following formal valuation obtained; and
(ii) the Corporate Director of Resources on the advice of the Legal Partner to approve the terms once they have been finalised between all parties.