Decision details

Lease arrangements for General Fund Sites to Loddon Homes

Decision Maker: Director of Corporate Services - Graham Ebers

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To enter a 125-year lease with Loddon Homes Limited for nil-consideration for land adjacent to 6 Norton Road, wokingham (retrospective) and land adjacent to 62 finch Road, Earley.
Not to proceed with development proposals for land between 74-78 London Road, wokingham in light of planning issues.

Reasons for the decision:

To allow the development of 11 affordable homes to proceed.

Alternative options considered:

No alternative option. The schemes would not be viable if a capital receipt had been sought for the sites.

Wards Affected: None Specific;

Dispensations: N/A

Other reasons / organisations consulted

N/A

Contact: Email: louise.strongitharm@wokingham.gov.uk 0118 974 6779 Email: louise.strongitharm@wokingham.gov.uk Tel: 0118 974 6779.

Publication date: 18/05/2018

Date of decision: 16/05/2018