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 of 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.
- Confirmation of how
the anticipated loss of budgeted income of up to £11,166 per
annum is to be accommodated within the council’s overall
revenue budget.