Issue - meetings

The Cabinet gave consideration to a report of the Principal Development Surveyor that provided an overview of the offers received by the Council,

following the recent open market advertisement of a Council-owned opportunity at Salmon Fields, Royton.

The Cabinet were informed that the Council owned an area of land at Salmon Fields, Royton, measuring circa 5.69 acres. Whilst identified as a development opportunity, the site had been vacant for a number of years, following the expiration of an option agreement.

Marketing had begun in June 2018 and the marketing exercise had produced 10 offers.

Options/Alternatives considered

Option 1 – Do nothing.

Option 2 – Sell to any of the interested parties

Option 3 – Sell to the party submitting the highest financial offer

RESOLVED that the Cabinet would consider the commercially sensitive information contained at Item 13 of the agenda.