Decision Maker: Cabinet

Outcome:

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: March 18, 2025

Purpose: To seek approval for the acquisition of South Ham Library from HCC and subsequent disposals of the library and community centre to support the redevelopment of the site as part of the wider Buckskin and South Ham regeneration  

Content: 1.          Approve the acquisition of South Ham Library, Paddock Road, Basingstoke from Hampshire County Council at below open market value upon terms to be agreed by the Director of Regeneration.   2.          Subject to the agreement of the matters set out in point 3, approve the disposal of South Ham Library and Westside Community Centre to Sovereign Network Group for less than best consideration, upon the basis the disposal is likely to contribute to the improvement of the economic, social and environmental wellbeing of the area pursuant to Local Government Act 1972: General Disposal Consent 2003 by facilitating the delivery of affordable housing.   3.          Delegate authority to the Director of Regeneration to:   ·        Finalise head of terms for the acquisition of South Ham Library from Hampshire County Council and disposal of the assembled site comprising South Ham Library and Westside Community Centre to SNG   ·        Commission a section 123 valuation for the assembled site   ·        Agree overage terms with HCC on a pro rata basis to land contributed if the scheme developed by Sovereign delivers a surplus to be paid on grant of planning permission   4.          Delegate authority to the Head of Law and Governance to facilitate the legal arrangements in relation to the matters in point 3.