That:
1) the Council should make a compulsory purchase order ("CPO") to acquire the land as shown indicatively edged red and shaded pink on the draft plan at Appendix 1 of the report (“the Land”) required to deliver the proposed regeneration of land known as land at Gorse Ride South, Finchampstead, Wokingham ("the Site") pursuant to section 226(1)(a) of the Town and Country Planning Act 1990 (as amended) (“the 1990 Act”) because it considers that:
a. the acquisition of the Land will facilitate the carrying out of the development, redevelopment or improvement of the Site;
b. the development, redevelopment or improvement of the Site is likely to contribute to the achievement of any one or more of the promotion or improvement of the economic, social and environmental well-being of the Borough of Wokingham; and
c. there is a compelling case in the public interest for the CPO.
2) the Deputy Chief Executive be authorised, in consultation with the
Executive Member for Housing and Finance, to:
a. take all necessary steps in relation to the Land to secure the making, the confirmation and the implementation of the CPO including publication and service of all relative notices and the presentation of the Council's case at any Public Inquiry; and
b. approve terms for the acquisition of legal interests (including rights if required) by agreement including for the purposes of resolving any objections to the CPO.
3) if the CPO is confirmed, to the extent that it is not already held for such purposes, that that part of the Site already within the Council's ownership shown shaded green on the plan, at Appendix 2 of the report, be appropriated for planning purposes as described in section 226 of the 1990 Act on the date immediately before the Council implements the confirmed CPO by the making of a vesting declaration or service of notice to treat/notice of entry, such land being then no longer required for the purpose for which it is currently held.