Science Park Development
To submit the report of the Head of Economic and Community Regeneration.
Decision:
RESOLVED:-
· To commence negotiations with Bangor University for the possible disposal of IACC land at Gaerwen without a prior marketing campaign and at the same time obtaining advice from the District Valuer’s Office.
· To investigate the County Council’s potential future role in any Science Park related entity or organisation.
· To ensure the ring fencing of any income generated to invest in the smallholdings estate.
Minutes:
Submitted - The report of the Head of Economic and Community Regeneration on the disposal of Council owned land to Bangor University to support their development of a Science Park.
Councillor R Dew, Portfolio Holder considered that any income generated from the land in question should be ring fenced and invested within the Smallholdings Estate.
RESOLVED:-
· To commence negotiations with Bangor University for the possible disposal of IACC land at Gaerwen without a prior marketing campaign and at the same time obtaining advice from the District Valuer’s Office.
· To investigate the County Council’s potential future role in any Science Park related entity or organisation.
· To ensure the ring fencing of any income generated to invest in the smallholdings estate.