To seek the approval of the chief finance officer for the disposal of development land at plot N4, Skylon View on the Hereford enterprise zone in accordance with the district valuer valuations and Hereford enterprise zone (EZ) Land Disposal Policy.

Compliance with approved council policy.

Safeguard an existing Hereford business in the city and facilitate its further expansion.

Deliver private sector investment and job creation in the EZ which will boost confidence and interest from others and help generate further private sector investment and job creation.  Speedy occupancy will boost the rates relief pot for the Local Enterprise Partnership (and hence the council).

Not proceeding with the sale on the terms outlined above.

Advantages
 
None

Disadvantages

Would not comply with the approved disposals policy and would adversely impact the council’s ability to achieve the outcomes expected of the enterprise zone.