Agenda and minutes

Consideration was given to the minutes of the previous meeting held on 14^th January, 2008.

Resolved:-  That the minutes be approved as a correct record.

There were no matters arising from the previous minutes.

The following items are likely to be considered in the absence of the press and public as being exempt under Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972 (as amended March 2006) (information relates to the financial or business affairs).

Resolved:-  That, under Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972 (as amended March 2006) (financial/business affairs).

John Smales, Development Team Manager, to report.

-           to consider the report to Internal Audit re:  sale of land at Coke Lane to VAR.

Consideration was given to the submitted report.

Resolved:-  That consideration be deferred pending submission of a further report to the next meeting.

Melvyn Clayton, Development Surveyor, to report.

-           to consider revision of ‘market’ value sale price.

Consideration was given to a report, presented by the Director of Asset Management, detailing the proposed amended terms for the disposal of the above mentioned property.

The area of land under consideration was shown on the plan appended to the submitted report.

Details of the background and former use of this site were set out in the report.

It was reported that a revised sum for the market value had been agreed to allow for abnormal costs. 

Resolved:-  That approval be given to the disposal of the subject property based on the terms as reported.

To confirm:  WEDNESDAY, 18^TH MARCH, 2008 at 10 a.m. at the Town Hall, Moorgate Street, Rotherham.

Resolved:-  That the next meeting of the Regeneration and Asset Board be held on WEDNESDAY, 18^TH MARCH, 2009 at the Town Hall, Moorgate Street, Rotherham.