That Cabinet recommends to Council:

i)     To authorise the disposal of the land shaded yellow on the plan at Appendix 1 to a Housing Association in return for nomination rights into 100% of the properties in perpetuity under the Local Government Act 1972: General Disposal Consent Order 2003.

ii)    To delegate authority to the Chief Executive in consultation with the Portfolio holder to agree the detailed terms of any transfer including agreed timescales for the development.

By transferring this piece of land it will enable the development to come forward and maximise the site density.

Option 1 to dispose of the land for affordable housing.

Option 2 to do nothing and allow the site to remain empty or for a less desirable scheme to be delivered.

Option 3 sell the site on the open market.

The recommendations of the Cabinet will be considered at the Council meeting on 24 September 2020.

Hatchcombe Nurseries is a housing development site jointly owned by Torbay Council and Sanctuary Housing.  In order to unlock the site and improve the access arrangements to the proposed new development Sanctuary are requesting that the piece of land located at the lower end of the site to be transferred to them.  The land would be disposed of with certain conditions and will ensure the site will be used for affordable housing in perpetuity unless otherwise agreed by the Council.

Councillor Long proposed and Councillor Cowell seconded a motion that was agreed unanimously by the Cabinet as set out above.

None.