Decision details

Cllr Dignum introduced the item.

Mrs Hotchkiss and Cllr Dignum responded to questions and comments from Cllr Taylor, Cllr Briscoe, Cllr Wilding and Cllr Lintill.

Mr Bennett clarified the status of Stamp Duty Land Tax. The Cabinet then agreed that an amendment would be required to line 4 of the part II recommendation to Council to include the possibility of additional VAT or land tax.

In a vote the following resolution and recommendation were agreed as follows:

RESOLVED

That Cabinet resolves to note section 4.9 of the report and approves the proposal at section 4.9.4 of the report.

RECOMMENDATION TO COUNCIL

That the proposal as set out in section 4.10 as amended be approved.