Louth Cattle Market decision is put on hold until 2016

News
News

East Lindsey District Councillors will no longer vote on whether to sell the Louth Cattle Market to the highest bidder at their Full Council meeting on Wednesday December 2, as previously planned.

An ELDC spokesman said: “Although initially it was planned to take a report to Council on December 2 in respect of the Livestock Market site, the report won’t be ready in time for that meeting.

“As such, it will be the New Year before a report is considered by Council.”

He added: “The bids received, along with the name of the bidders, remain commercially confidential at this time.”

The latest marketing exercise drew to a close on September 30,

ELDC had accepted a bid for the site in July 2014 from McLagan Investments Ltd c/o ASDA Stores Ltd, subject to contract and planning, but this bid was subsequently revised, and as a result the Council didn’t progress the sale.

• For more information, visit www.e-lindsey.gov.uk/louthcattlemarket