GRANT OF AN OPTION AGREEMENT FOR THE SALE OF LAND TO FACILITATE ACCESS TO STRATEGIC HOUSING SITE GA2 - PART 1

September 23, 2025 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website

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Summary

...to facilitate access to a strategic housing site and enable the construction of approximately 600 new homes, the Cabinet approved entering into an option agreement for the sale of a Council-owned parcel of land.

Full council record
Content

RESOLVED: That Cabinet:
 

(1)        
Approved the Council entering into an option agreement for the sale
of the Council owned parcel of land edged red on the plan at
Appendix B in accordance with the Heads of Terms attached to the
Part 2 report.

 

(2)        
Delegated authority to the Director – Governance in
conjunction with the Director – Resources to complete, sign
and seal all documents to give effect to the recommendations.
 
REASON FOR
DECISIONS: To ensure that access is available to facilitate
the development of GA2, a Strategic Housing site allocated in the
Local Plan, which will assist in the delivery of circa 600 new
homes and associated facilities including affordable homes.
Completion of the sale is also expected to generate a capital
receipt.
 

Related Meeting

Cabinet - Tuesday, 23rd September, 2025 7.30 pm on September 23, 2025

Supporting Documents

Grant of an option agreement for the sale of land to facilitate access to strategic housing site GA2.pdf
Appendix A - Land owned or controlled by Picture Estates edged red and access land coloured blue.pdf
Appendix B - Extent of Council Ownership.pdf
Appendix C - Policy SP18 Great Ashby GA2.pdf
Appendix D - Plan showing site allocation GA2 - Great Ashby.pdf
Appendix E - GA2 illustrative Masterplan and Landscape Strategy.pdf

Details

OutcomeFor Determination
Decision date23 Sep 2025