Issue details

Disposal of Ryde Harbour and Adjoining land to Ryde Town Council

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.

Decision type: Key

Reason Key: Incurring significant expenditure or savings for service area or function;

Decision status: Recommendations Approved

Electoral Divisions affected: Ryde Appley and Elmfield; Ryde Monktonmead; Ryde North West; Ryde South East; Ryde West;

Notice of proposed decision first published: 03/11/2021

Decision due: 16 Dec 2021 by Cabinet

Lead member: Cabinet Member for Strategic Finance, Corporate Resources and Transformational Change (26/5/21 - 13/6/22)

Lead director: Director of Regeneration (re-org 2023)

Contact: Alex Minns Email: alex.minns@iow.gov.uk.

Consultees

Consultation has occurred as part of the paper in March 2021 as detailed

Decisions

Agenda items