Purpose

Property transactions – acquisition and disposal which will require Cabinet’s approval due to value.

Decision

Appendices C and D of this report are not for publication as they contain exempt information of the description contained in paragraphs 14 of part 4 and paragraph 21 of part 5 Schedule 12A of the Local Government Act 1972.

RESOLVED that authority be delegated to the Director of Economic Development (in consultation with the Cabinet Member for Investment and Development, the Section 151 Officer and the Monitoring Officer) to negotiate and agree heads of terms and to deal with all aspects of the acquisition of land at Pengam Green and the disposals of the land and buildings at New House Farm, including appropriation of any land required for cemetery expansion purposes,  as set out in this report within the parameters of the  valuation advice  provided at Appendices C and D.