Issue details

Proposed engagement of Mercury Land Holdings to undertake further development potential work on Council-owned land

The proposed provision of additional funding to Mercury Land Holdings will assist the Council to advance the necessary development potential/due diligence work on a number of Council owned-sites that could be suitable for disposal.

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Item Deferred

Notice of proposed decision first published: 22/09/2023

Anticipated restriction: Part exempt  - View reasons

Decision due: Not before 9th Nov 2023 by Strategic Director, Place

Lead member: Cabinet Member for Regeneration

Lead director: Strategic Director, Place

Contact: Garry Knights, Assistant Director of Hosuing, Property & Assets Email:

Consultation process

All relevant business partners will be consulted together with officers in Mercury Land Holdings.