Decision details

The confidential report of the Chief Executive was presented by the Deputy Executive Leader and Executive Member (Resources).  The report sought approval to the acquisition of the freehold title to the above property on the terms provisionally agreed.

It was clarified that the approval for the financing of this had been agreed at Council on 22 September 2015.  The purchase of the site, whilst supporting to the Market Walk extension scheme, was separate to it.

Decision: Approval granted that the terms provisionally agreed be approved and authority granted to for the Head of Governance and Property Services to complete the acquisition of the freehold title of the former site of Apex house off Stump Lane, Chorley. 

Reasons for recommendation(s)

The ownership of the site will not only increase the Council’s land holding around the town centre but has the potential of increasing the number of car parking spaces for use by shoppers and visitors to Chorley.

Alternative option(s) considered and rejected

Not acquiring the site will result in Council Staff being displaced to existing town centre long stay car parks and so reduce the number of spaces available to shoppers and visitors to Chorley.