The Deputy Chief Executive, Place decides as follows:

1.    To dispose of the properties known as land at Balfour Road, Oxford and Pegasus Road, Oxford to Oxfordshire Community Land Trust by long lease for a term of 250 years for a premium of £65,000 (Balfour Road) and £50,000 (Pegasus Road) for use for Affordable Housing on the sites.

2.    Prior to the grant of the leases to enter into an agreement for lease conditional upon Oxfordshire Community Land Trust obtaining planning permission for development of residential units on the sites.