Issue - decisions

Cabinet received a report, as well as a confidential appendix (considered in private session) on 10 hectares (26 acres) of land that Buckinghamshire Council owned adjacent to Wycombe Airpark known as Area A/Southside, edged red on the plan in the public Cabinet report.

The report asked Cabinet to authorise the Service Director for Property & Assets to conclude negotiations, and heads of terms, exchange and complete a lease with the prospective tenant for:

(i)                 Licence to occupy Area A land as shown on the plan contained in this report in accordance with the terms considered in the Part 2 report considered in the confidential part of this agenda.

(ii)               Agreement to lease (subject to planning) and lease for Area A land contained in this report in accordance with the terms considered in the Part 2 report considered in the confidential part of this agenda.

RESOLVED –

(1)               That authority be delegated to the Service Director for Property and Assets, in consultation with the Cabinet Member for Finance, Resources, Property and Assets, the Section 151 Officer and the Service Director for Legal and Democratic Services, to conclude conclude negotiations and heads of terms, agree contracts, exchange and complete on the lease of Area A land as shown on the plan contained in this report and adjacent to Wycombe Airpark as set out in this report and the confidential report containing the financial information considered at Part 2 of the agenda.

(2)               That authority be delegated to the Service Director for Property and Assets, in consultation with the Cabinet Member for Finance, Resources, Property and Assets, the Section 151 Officer and the Service Director for Legal and Democratic Services, to discontinue negotiations with the parties set out in confidential annex at Part 2 of this report for the disposal of Area A.