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Issue - meetings

Knights Court Business Case

Meeting: 11/06/2025 - Executive (Item 354)

Knights Court Business Case

Purpose:

To agree the next steps regarding a council owned asset that is under review. 


Recommendation(s):

That the Executive: -

1.               Agrees to invest £100k to secure outline residential planning permission, as set out in the paper, with the option to either, develop as residential housing with a delivery partner or dispose on the open market.

2.               Delegates authority for approving the £100k funding and the final terms of disposal to the Director of Finance (S151) in consultation with the Executive Member for Finance.

 

Additional documents:

Minutes:

 

Councillor Alaric Smith, Executive Member for Finance, introduced the item the purpose of which was to agree the next steps regarding a council owned asset that is under review.

 

RESOLVED:

That the Executive:

  1. Agreed to invest up to £100k if needed to secure outline residential planning permission, as set out in the paper, with the option to either, develop as residential housing with a delivery partner or dispose on the open market.
  2. Delegated authority for approving the £100k funding and the final terms of disposal to the Director of Finance (S151) in consultation with the Executive Member for Finance.