Issue details

Proposed Disposal of Surplus Asset - Lincombe Court, Lincombe Hill Road, Torquay

 

 

To make recommendations relating to the disposal of the Lincombe Court Site which is an unused asset surplus to the Council's requirement in order to achieve capital receipts and cost savings.

Decision type: Key

Reason Key: Disposal of capital asset valued in excess of £250,000;

Decision status: Recommendations Approved

Wards affected: Wellswood;

Notice of proposed decision first published: 15/12/2015

Decision due: 3 Feb 2016 by Elected Mayor

Lead member: Elected Mayor and Executive Lead for Assets, Finance, Governance and Corporate Services, Economic Regeneration and Transformation

Lead director: Chief Executive of TDA

Contact: Susanne Jackson Email: susanne.jackson@tda.uk.net.

Consultation process

Letters and emails will be sent to the consultees asking them to comment on the proposals to dispose of the asset.

Consultees

Ward Councillors, Wellswood Community Partnership Chair and Torbay Community Development Trust.

Reason for inclusion in Forward Plan: The disposal of an asset not required for service delivery will enable the capital receipt to be reinvested into the Council’s existing capital programme, which will contribute to the Council’s objectives The reduction of the number of assets held is seen as an important element to achieving a sustainable maintenance regime for future generations.

Key Risks: The disposal of this asset not required for service delivery has been identified as one of several initiatives to provide additional funding to tackle the urgent land and building backlog maintenance liability and provide receipts for the Capital Programme. Inevitably, there may be some objections to the disposal of the asset identified. Failure to consult adequately may lead to abortive disposal work should some of the disposals not proceed.

If you want to make representations contact:: Susanne Lang, Delivery Officer, Torbay Development Agency, 3rd Floor Tor Hill House, Union Street, Torquay, TQ2 5QW, telephone (01803) 208066, email susanne.lang@tedcltd.com

Decisions

Agenda items

 

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