The long-running saga over the future of Louth's Cattle Market moved a step closer to being resolved today when East Lindsey District Council approved the sale of the site to Leeds-based supermarket giants Asda.
It is anticipated that a planning application will be submitted by Asda in the coming months.
Portfolio Holder for Finance at the Council, Councillor John Upsall, said: “The Council has a very clear duty to ensure taxpayers receive good value for money and I’m pleased Council voted to sell this significantly underused site. Not only is it underused; it would have required hundreds of thousands of pounds of investment over the coming years to maintain it in its current form.
“The Council will now consider in detail options for replacing the Livestock Market facility.”
East Lindsey District Council has announced plans to increase its part of the council tax by two per cent.
At today's Executive Board meeting, councillors approved the draft budget for the 2014-15 financial year.
The move comes as the latest government finance settlement figures show the council is facing a £1.9million (13.9 per cent) reduction in its primary funding in the next financial year.
This is on top of the £1.2million of savings it has had to make in the current financial year.
Fly tipping figures for East Lindsey over the past year have been released by the District Council.
East Lindsey District Council dealt with 1,876 incidents of fly-tipping from July 2012 to June 2013, compared to 1,567 the previous year.
Dealing with fly-tipping in East Lindsey costs Council taxpayers around £70,000 per year.
The Council’s Portfolio Holder for the Environment, Councillor Steve Newton, said: “Fly-tipping will not be tolerated and we will do all we can to catch offenders.
"Each year we spend thousands of pounds of tax-payers’ money clearing up after the irresponsible few people who do not properly dispose of their waste items.
“East Lindsey is a beautiful District and it is unacceptable that people take advantage of our rural area by dumping their unwanted items in lay-bys and ditches when there are plenty of legitimate ways in which they can be disposed of.”
East Lindsey District Council has approved £173,000 to secure lifeguard services in Skegness, Mablethorpe and Sutton on Sea for the next three years.
A further payment of £31,500 has been received by East Lindsey District Council, from Administrators of the Icelandic Bank Kaupthing Singer and Friedlander. In total the Council has now got back £3,223,185 of it’s original £4m investment in three Icelandic Banks that went into Administration.
The Council was one of more than 50 Local Authorities across the country affected by the collapse in 2008.
Portfolio Holder for Finance at the Council, Councillor John Upsall, said: “ We will continue to work closely with the Local Government Association to ensure we fight as hard as possible for every penny to be returned to this District.”