Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To report back as indicated in the Cabinet
Paper of March 2021 on the following actions
That Ryde Town Council are treated as a special purchaser for Ryde
Harbour and the two parcels of land and the hospitality suite as
detailed in their business subject to:
• An independent section 123 valuation of all the land
proposed to be transferred to Ryde Town Council; each party to fund
50 percent of the costs of the valuation.
• There being no material objections to the disposal of the
land parcels following advertisements placed in accordance with
section 123(2A) of the Local Government Act 1972c.
Option 1 - Agree to the freehold transfer of the Ryde Harbour and the hospitality suite; and the lease transfer of the two parcels of land and hospitality suite to Ryde Town Council from the 1 April 2022. The transfer to be at nil value and subject to final details to be agreed by the Cabinet member.
Report author: Alex Minns
Publication date: 16/12/2021
Date of decision: 16/12/2021
Decided at meeting: 16/12/2021 - Cabinet
Effective from: 30/12/2021
Accompanying Documents: