Issue - meetings
DISPOSAL OF PERONNE FARM, FFORDD COPPY, DENBIGH
Meeting: 23/01/2024 - Cabinet (Item 10)
10 DISPOSAL OF PERONNE FARM, FFORDD COPPY, DENBIGH
To consider a confidential report by Councillor Gwyneth Ellis, Lead Member for Finance, Performance and Strategic Assets (copy enclosed) seeking Cabinet approval to declare Peronne Farm surplus to the requirements of the Council and to approve its disposal.
Additional documents:
- Restricted enclosure 3 , View reasons restricted (10/2)
- Restricted enclosure 4 , View reasons restricted (10/3)
- Restricted enclosure 5 , View reasons restricted (10/4)
- Restricted enclosure 6 , View reasons restricted (10/5)
- Webcast for DISPOSAL OF PERONNE FARM, FFORDD COPPY, DENBIGH
Decision:
RESOLVED that Cabinet –
(a) approves the declaration
of Peronne Farm, as shown edged red on the plan attached at Appendix A to the
report, as surplus to requirements and approves the disposal of the farm as set
out in the report, and
(b) confirms that it has read,
understood and taken account of the Wellbeing Impact Assessment (Appendix D to
the report) as part of its consideration.
Minutes:
Councillor Gwyneth Ellis presented
the confidential report seeking Cabinet approval to declare Peronne
Farm surplus to the requirements of the Council and to approve its disposal as
set out within the report in accordance with existing policy.
Cabinet was advised that the
property formed part of the Agricultural Estate and details of its current
operating arrangements were provided together with the tenancy agreements in
place and the proposed terms of disposal.
As part of the process local ward members and the local community
council had been contacted and no objections to the disposal had been
received. The Asset Management Group
also supported the disposal as set out and recommended it to council.
During consideration of the report
Cabinet noted that a proportion of the net proceeds of the sale would be used
to fund current capital expenditure which would reduce the borrowing costs of
the Council and allow the release of funding from the capital financing budget
to fund the ongoing pressure created by the disposal, which still left a
significant capital receipt. In terms of
providing the detail of capital receipts generated and their use this
information could be included in the Capital Strategy in future. Cabinet would
be discussing the Capital Plan at its next meeting.
RESOLVED that Cabinet –
(a) approves the declaration
of Peronne Farm, as shown edged red on the plan
attached at Appendix A to the report, as surplus to requirements and approves
the disposal of the farm as set out in the report, and
(b) confirms that it has read,
understood and taken account of the Wellbeing Impact Assessment (Appendix D to
the report) as part of its consideration.
The meeting concluded at 12.25 pm.