Issue details

Disposal of Land at Redwell Lane, Paignton for Self Build Affordable Housing

The proposal is to dispose of land at Redwell Lane, Paignton below market value to facilitate the delivery of affordable self build housing.

Decision type: Key

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

Decision status: For Determination

Wards affected: Blatchcombe;

Notice of proposed decision first published: 23/02/2016

Decision due: 21 Jul 2016 by Council

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

Lead director: Assistant Director Corporate and Business Services

Contact: Divisional Director Business Services.

Consultation process

Meetings and circulation of papers.

Consultees

Director of Adults, Housing Services and Planning staff, the Mayor and Councillors.

Reason for inclusion in Forward Plan: To allow local people and opportunity to access affordable elf build housing option

Key Risks: This option will result in a lower land receipt than if the land had been disposed of on the open market

If you want to make representations contact:: Liam Montgomery, Head of Asset Management and Housing, Torbay Development Agency, 3rd Floor Tor Hill House, Union Street, Torquay, TQ2 5QW, telephone (01803) 208720, email liam.montgomery@tedcltd.com

Agenda items