Hampshire County Council Executive Member, Policy & Resources Item 17 11 November 2004 County Farms Estate - Rental Write-off Report by the Director of Property, Business and Regulatory Services (Summary of CONFIDENTIAL decision) |
Contact: Robin Edwards Ext: 6587 e-mail: [email protected]
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Summary |
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1.1 |
The following decision is sought: |
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That approval be given to write-off the outstanding debt from rental income due to the bankruptcy of a previous County Farm tenant. |
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2 |
Reason |
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2.1 |
The previous tenant was declared bankrupt in November 2002 and it is of the opinion of the County Treasurer's Department that we are unlikely to receive any payment towards this debt and therefore it should now be written-off. |
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2.2 |
This decision supports the following Aims of the Corporate Strategy |
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Aim 1 - Maximising life opportunities - the re-letting of Yew Tree Farm has enabled the incoming tenants to revitalise the operation of this County Farm holding and to operate their own farm business. In addition, it has yielded a full market rent for the holding. |
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3 |
Other options considered and rejected |
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3.1 |
A County Court Action was brought by the County Council against the Tenant, however, the Tenant claimed bankruptcy. |
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4 |
Conflicts of interest declared by the decision-maker or other Executive Member consulted |
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4.1 |
None |
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5 |
Dispensation granted by the Standards Committee |
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5.1 |
Not applicable |
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6 |
Reason(s) for the matter being dealt with if urgent |
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6.1 |
Not applicable |
Approved by: |
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Date of decision: |
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Councillor T K Thornber |
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