Decision

The Executive has decided to invest up to £100k in a council-owned asset for potential residential development or disposal.

Analysis

outcome: Recommendations were approved, allowing for the investment and potential development or disposal of the asset.

summary: The decision involves agreeing on the next steps for a council-owned asset under review, including investing up to £100k to secure outline residential planning permission.

topline: The Executive has decided to invest up to £100k in a council-owned asset for potential residential development or disposal.

reason_contentious: This issue may be contentious as it involves financial investment and potential development of a council asset, which could impact local stakeholders and the community.

affected_stakeholders: ["Council", "Local residents", "Potential developers"]

contentiousness_score: 6

political_party_relevance: There are no explicit mentions of political parties in the decision.

URL: https://meetings.westoxon.gov.uk/ieDecisionDetails.aspx?ID=433

Decision Maker: Executive

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: Yes

Purpose:

Content:   Councillor Alaric Smith, Executive Member for Finance, introduced the item the purpose of which was to agree the next steps regarding a council owned asset that is under review.   RESOLVED: That the Executive: Agreed to invest up to £100k if needed to secure outline residential planning permission, as set out in the paper, with the option to either, develop as residential housing with a delivery partner or dispose on the open market. Delegated authority for approving the £100k funding and the final terms of disposal to the Director of Finance (S151) in consultation with the Executive Member for Finance.

Date of Decision: June 11, 2025