Disposal of the site of the former Bury Fire Station site, The Rock, Bury - Part B
A report from the Leader and Cabinet Member for Finance and Growth is attached.
Additional documents:
Minutes:
Councillor Eamonn O’Brien, the Leader of the Council and Cabinet Member for Finance and Growth, presented the Part B report containing information that is exempt from disclosure, regarding the sale of the former Bury Fire Station on The Rock site.
Decision:
That Cabinet:
1. Give approval to progress the sale of the site to the preferred bidder.
2. Agree a delegation to the Director of Economic Regeneration and Capital Growth to agree a detailed head of terms in consultation with the Cabinet Member for Finance & Growth and the Monitoring Officer.
Reasons for the decision:
The sale of the site would:
· Bring forward the development of a key gateway site in northeast of the town centre.
· Provide a capital receipt for the Council.
· Provide on-going Business Rate revenue.
· Remove the risks associated with holding a vacant site.
Other options considered and rejected:
None – this site was identified as one of the Phase 1 properties in the Accelerated Land and Property Disposals Programme approved by Cabinet at their meeting on 24 March 2021.