...... from my Caymen Islands residence.Italia will be rubbing his hands together
Surely as it's the council a FOI would get that info?
No, FOI allows that excuse, always has. besides its Wasps to which the sensitivity applies & they are a commercial concern are they not?
Why wasn't commercial sensitivity an issue with the Ricoh lease extension?Surely local taxpayers should be aware how much they are getting for it?
Fuck Wasps " commercial sensitivity".
Hmm, at the risk of a digression, isn't that the problem with national government expecting local government to act like commercial entities?Surely local taxpayers should be aware how much they are getting for it?
Fuck Wasps " commercial sensitivity".
I thought FOI requests about the Wasps deal were thrown out for that reason too?Why wasn't commercial sensitivity an issue with the Ricoh lease extension?
They made it public at the outset. What suited at that time.I thought FOI requests about the Wasps deal were thrown out for that reason too?
I'd guess because at that time Wasps had the money & now they are a bit strapped.Why wasn't commercial sensitivity an issue with the Ricoh lease extension?
What's that got to do with it?I'd guess because at that time Wasps had the money & now they are a bit strapped.
They'll be borrowing more to fund this.
I'd guess because at that time Wasps had the money & now they are a bit strapped.
They'll be borrowing more to fund this.
Like this bit from the councilCouncil said:The Council is under an obligation to obtain the best price reasonably obtainable in accordance with section 123 of the Local Government Act in respect of disposals of interests in land and property. In this respect, the Council and WHL jointly commissioned GVA to assess market value of the proposed long leasehold interest for the purposes of S.123 of the Local Government Act 1972 and accordingly, the capital premium represents best consideration.
Council said:Background papers
None
Other useful documents
None
Has it been or will it be considered by Scrutiny?
No
Has it been or will it be considered by any other Council Committee, Advisory Panel or other body?
No
Will this report go to Council?
No
Easy solution, just let Wasps have another bit of land to have a car park on.With the reduction in parking spaces at the arena
Council said:It is therefore proposed that the Council enters into a licence with WHL to allow the use of the Leisure Land as a temporary car park on a revenue share basis.
Bob Ainsworth said:this land is owned by the council on behalf of the taxpayers of Coventry. If designated for retail it would be worth many millions,
I guess that means they won’t be going bust soon
They're extending the lease to try anld extract some value from the land. Presumably any planning application will explain how Wasps will mitigate the loss of parking spacesHopefully it's becoming clearer to them that they aren't wanted in the city though.
I guess that means they won’t be going bust soon
Why couldn’t they use the land between the Ricoh and the arena park shopping instead of the car park? Probably isn’t owned by the council so somebody will want real money for it
A while back Bob Ainsworth posted an explanation on his website of who owned which bits of land at the Ricoh. Of that piece of land he said 'this land is owned by the council on behalf of the taxpayers of Coventry. If designated for retail it would be worth many millions'.Why couldn’t they use the land between the Ricoh and the arena park shopping instead of the car park? Probably isn’t owned by the council so somebody will want real money for it
LOL. Perhaps that can be the location of the John Lewis the council is obsessed withA while back Bob Ainsworth posted an explanation on his website of who owned which bits of land at the Ricoh. Of that piece of land he said 'this land is owned by the council on behalf of the taxpayers of Coventry. If designated for retail it would be worth many millions'.
That article is where that graphic above comes from. Retail is less value now, housing is the new moneyspinner.A while back Bob Ainsworth posted an explanation on his website of who owned which bits of land at the Ricoh. Of that piece of land he said 'this land is owned by the council on behalf of the taxpayers of Coventry. If designated for retail it would be worth many millions'.
Pretty sure letting a rugby club use it as a car park for next to nothing so they can build a hotel on the existing car park ranks a long way behind housing or retail on the valuation front.That article is where that graphic above comes from. Retail is less value now, housing is the new moneyspinner.
Given the wasps holdings finances are so poor according to the auditors and people on here where are they getting the money from? How can they afford the project? have they new funding partners? If so who?
Given the wasps holdings finances are so poor according to the auditors and people on here where are they getting the money from? How can they afford the project? have they new funding partners? If so who?
Given the wasps holdings finances are so poor according to the auditors and people on here where are they getting the money from? How can they afford the project? have they new funding partners? If so who?
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