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