The Executive Director of Economic Development and Communities submitted a report the provided an update on the land at Tennis World development guidance and gave an overview of the responses received during the consultation period.
On the 26 November 2014, the Executive Sub Committee for considered a report on the development guidance for the land at Tennis World site. The Council has a freehold ownership interest in the site and Tennis World had a long term lease. The proposed disposal was of under-utilised land within the Tennis World site and the Capital Receipt would be split, this would allow Tennis World to invest their share into improving their facilities.
The purpose of the development guidance as to advise prospective developers on the Council's aspirations for the site, establishing the forms of development that were deemed appropriate and outlined broad development principles. The guidance attached to the report outlined in further detail the aspirations for the site.
Following approval from the Executive Sub Committee for Property Panel, the development guidance was subject to a four week public consultation process which was held between the 19 January and 16 February 2015. During the consultation period only three written responses were received, these were attached as Appendix 2 of the report.
The next stage having received approval from the Executive Sub Committee for Property Panel would be to proceed with the disposal of the site.
The report outlined in further detail that there were two options available with regards to adopting the development guidance:
Option 1 - Do not adopt the development guidance.
Option 2 - Adopt the development guidance.
The report outlined that there were two options available with regards to the disposal of the site:
Option 1 - Do not dispose of the site for development. If this option was pursued there would be no capital receipt for the Council.
Option 2 - Dispose of the site for development. The Council would receive a Capital Receipt.
That the consultation replies and associated responses to each be noted;
That the adoption of the development guidance as a way forward in relation to the land at Tennis World site be endorsed; and
That delegating disposal of the site as appropriate, having regard to the development guidance be delegated to the Executive Director of Commercial and Corporate Services.
The decisions were supported by the following reasons:
To provide guidance that will enable developers to submit proposals that meet the Councils aspirations for this site; and
To generate a capital receipt for the Council.