Decision
(a) That the assets listed in Appendix A of the
report of 5 May 2020 be
transferred freehold to Portland Town Council at less than best consideration with no
clawback provisions.
(b) That the assets listed in Appendix B of the
report of 5 May 2020 be transferred
leasehold to Portland Town Council at less than best consideration with covenants to retain control of
future use and ownership.
(c) That the right to
work the minerals be excluded on all transferring assets.
(d) For Dorset Council to
keep control of the Verne Common including areas covered by High Level
Stewardship agreement and be able to licence the Town Council to hold suitable
events.
(e) That discussions with the Crown Estate
and Portland Town Council progress to relinquish the management of assets
currently managed by Dorset Council and owned by the Crown Estate.
(f) That authority be delegated to the Executive Director for Place in conjunction
with the Portfolio Holder for Commercial, Finance and Assets to make changes to
the above.
Reason
for the decision
To
confirm the assets to be transferred and the basis of transfers to Portland
Town Council.
Weymouth
& Portland Borough Council carried out services which are more typically
that of a Town Council, such as allotments and parks. Prior to the formation of Dorset Council some
services and assets were agreed to be transferred to Weymouth & Portland
Town Councils. Transfers to Weymouth
Town Council were dealt with as part of the formation of Weymouth Town Council. Portland Town Council already existed and
therefore the asset transfer process is required to be completed separately.
Member
authority is required to transfer assets (some with values reported in excess
of £100,000) at less than best consideration, ie at
less than market value.