Anticipated reasons for restriction

Land at Locks Heath

By virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972.

Explanation of Reasons

Reason restricted justification

This report is not for publication as it contains exempt information within Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972, being information relating to the financial or business affairs of any particular person (including the authority holding that information). Further, it is considered that, in all the circumstances, the public interest in maintaining this exemption outweighs the public interest in disclosing this information. While there may be a public interest in disclosing this information, namely it will identify the value of the County Council’s property, it is felt that, on balance, this is outweighed by other factors in favour of maintaining the exemption, namely the development and ultimate sale of the properties is subject to confidential third party financial and other negotiations and to reveal details of those negotiations would adversely affect the County Council’s negotiating position in property-related matters.