Issue - meetings

That (A) the sale of St Michael’s Mead community centre pending trigger by BSTC as defined by the Options Agreement be agreed;

(B)  £125,000 of the capital receipt from the sale of St Michael’s Mead community centre contributes to the funding gap for the Castle Park project; and

(C) the option sum of £15,000 and £30,000 (deduction in liabilities) is deducted from the sale of this last remaining centre at time of purchase

The Executive Member for Financial Sustainability presented the Castle Park Improvement Project report. He said that this report was asking for approval to sell the last of the three community centres to Bishop’s Stortford Town Council to fund a previous overspend in the project.

Councillor Brittain proposed that the recommendations in the report be supported. Councillor Wilson seconded the proposal.

Councillor Hopewell asked if there were any concerns rising from the previous two sales.

Councillor Brittain said he was not aware of any.

Councillor Crystall asked how long the National Lottery Fund Grant was to be extended for.

Councillor Brittain said that it currently went up to the end of the year, but informal discussions had taken place and they have said it could be extended for another six months.

Councillor Glover-Ward asked if there was any risk of digging up further archaeological remains.

Councillor Brittain said work had already been done to recover the human remains found.

The Deputy Chief Executive said that the area had been scanned and said they were not expecting to find anymore.

The motion to support the recommendation having been proposed and seconded was put to the meeting and upon a vote being taken, was declared CARRIED.

RESOLVED - That (A) the sale of St Michael’s Mead community centre pending trigger by BSTC as defined by the Options Agreement be agreed;

(B)  £125,000 of the capital receipt from the sale of St Michael’s Mead community centre contributes to the funding gap for the Castle Park project; and

(C) the option sum of £15,000 and £30,000 (deduction in liabilities) is deducted from the sale of this last remaining centre at time of purchase.