343 Disposal of Freehold Interest in Land on West Bank of the River Arun, Including Littlehampton Marina
Authority is sought from Cabinet for the disposal of freehold land on the West Bank of the River Arun including Littlehampton Marina, for best consideration to deliver the strategic development option for this site as part of an agreed and comprehensive masterplan.
Additional documents:
Decision:
The Cabinet
RESOLVED - That:
1. The freehold disposal of land located on the West Bank of the River Arun including Littlehampton Marina for best consideration within the constraints of the proposed development be approved;
2. Authority be delegated to the Director for Place, in consultation with the Cabinet Member for Technical Services and the Section 151 Officer, to enter into a Promotion Agreement in respect of the land and agree all terms; and
3. Authority be delegated to the Director for Place, in consultation with the Cabinet Member for Technical Services and the Section 151 Officer, to agree all terms for the disposal of the land for best consideration, and to conclude any and all associated matters necessary to complete disposal and conveyance of the freehold site.
Minutes:
The Cabinet Member for Technical Services, Councillor Stanley, presented this item stating that a mixed-use redevelopment of the West Bank of the River Arun in Littlehampton, including the area known as Littlehampton Marina, was a great opportunity to provide leisure use, quality housing, including affordable housing, and a regenerative effect on the Town.
This strategic development was a key element of the Littlehampton Economic Growth Area designated within the Local Plan. Through the planning process the development would see flood risk to existing properties in this area reduced through the introduction of flood prevention infrastructure.
The proposed course of action leading to disposal of the Council’s freehold interest in its land in that area was considered the best way of facilitating this challenging development whilst obtaining best consideration for the Council’s freehold.
Following some discussion, the Cabinet
RESOLVED – That
(1) The freehold disposal of land located on the West Bank of the River Arun including Littlehampton Marina for best consideration within the constraints of the proposed development be approved;
(2) Authority be delegated to the Director of Place, in consultation with the Cabinet Member for Technical Services and the Section 151 Officer to enter into a Promotion Agreement in respect of the land and agree all terms; and
(3) Authority be delegated to the Director of Place, in consultation with the Cabinet Member for Technical Services and the Section 151 Officer to agree all terms for the disposal of the land for best consideration and to conclude any and all associated matters necessary to complete disposal and conveyance of the freehold site.
The Cabinet confirmed its decision as per Decision Notice C/030/091219, a copy of which is attached to the signed copy of the Minutes.