Decision details

Stamford Special Expenses Area

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: No

Decisions:

Purpose of the report

 

Cabinet was asked to recommend the transfer the assets currently being charged to the Stamford Special Expense Area (SEA) to Stamford Town Council thus removing the requirement for the Stamford Special Expense Area to continue.

 

Decisions

 

1.          Approved the freehold transfer of Empingham Road playing field and Uffington Road playing field to Stamford Town Council, subject to the disposal requirements in accordance with Section 123 of the Local Government Act 1972.

 

2.          Approved the transfer date from 1, April 2023 thus removing the Stamford Special Expense Area from that date.

 

3.          Approved the transfer of the balance of the Stamford Special Expense Reserve to Stamford Town Council upon completion of the asset transfer.

 

4.          Authorised officers to continue discussions with Stamford Town Council to consider the transfer of other Council owned assets over the medium term.

 

Options considered and rejected

 

Do not transfer the SEA open space assets and the credit balance held in the SEA reserve to Stamford Town Council. The assets would remain in the ownership of the Council and the Council would continue to be responsible for managing and maintaining the assets.

 

Reason for decision

 

Ensured that the local community would have control over their assets. Stamford Town Council would be able to access funds not available at District Council level, to make improvements for the Community.  

Publication date: 16/11/2021

Date of decision: 09/11/2021

Decided at meeting: 09/11/2021 - Cabinet

Accompanying Documents: