Issue - meetings

Report updating Council on the Housing Company business plan and seeking approval for the disposal of a site at Middlefield Lane.

Council received a report which provided an update on the business plan for the company and sought approval for disposal of the site at Middlefield Lane. Some members expressed disappointment that it was recommended not to pursue the site for development of housing by Hinckley & Bosworth Development Ltd. It was moved by Councillor Hall, seconded by Councillor Surtees and

RESOLVED –

(i)            Hinckley & Bosworth Development Ltd be not pursued for the development of housing on Middlefield Lane;

(ii)           The Middlefield Lane site be disposed of in the open market to ensure the best consideration of the site be obtained;

(iii)          Hinckley & Bosworth Development Limited be retained to explore future opportunities in the housing market and also other potential markets and revenue streams.