Object

Representation ID: 20040

Received: 29/01/2009

Respondent: Laurence Keeley

Paragraphs 10.6 to 10.32

All development land would be passed over to a community trust and a rental would be paid to the owners. Income from agricultural land at this time would be about £500 an acre. If one doubled this to £1000 an acre it would not be unreasonable. The trust would oversee development. Developers would be instructed to build houses for around £80,000. These would be sold at cost, plus ground rent, to the people with a priority need in the district, with a restriction that one may only sell back to the trust.