Decision

1. Exemption from publication: There are confidential appendices to this report, which are exempt by virtue of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the Local Government Act 1972 because they contain information relating to the financial or business affairs of any particular person (including the authority holding that information).
   
   To transfer the site as per contract dated 14th October 2022
   

Reasons for the decision

The transfer of this site was agreed by Cabinet in February 2022. An option agreement contract was agreed 14th October 2022. The long stop agreed for the transfer was 3 years after the contract date. Therefore, transfer is due to take place 14th October 2025.

Alternative options considered

Alternative Option Considered:
The Council is obligated to proceed in accordance with the terms of the contract, as no alternative course of action is available.

Benefit:
Delivers income for the MTFP and complies with the terms of the contract

Disbenefit: None