Page 10 - CYMK Issue 141 Autumn Edition 2017
P. 10

District Councillor Sue Bennison

         Commercial Investment
         In my last Village News article I spoke about a new
         venture by NFDC and that was to investigate
         commercial property purchase as an investment.  I
         can now report that a number of sites have been
         investigated with a strong possibility of one being
         actively pursued.   It will be interesting to hear if that
         site becomes the first of what I hope will be many.

         Residential Investment
         I have always believed that the Council should invest in private residential
         properties and I am pleased to say that this is now being undertaken.   It
         is necessary for a separate company to be set up and the Council is now
         working towards this goal.    It will then be possible for the Council to buy
         existing residential properties that come onto the open market, or build on
         land already Council owned.    These  houses are for the private rental
         market and are completely unconnected to the existing council housing
         provision.    These houses will be managed “in house” which the Council
         has years of experience in.    This project again will provide a good
         investment opportunity and will alleviate the reductions in government
         funding year on year.

         Dibden Golf Centre
         I have again sat on the Task & Finish Group this time tasked with
         reviewing the Contract with Mytime Active to consider the next 5 years
         rental income and joint long term investment proposals.

         In January we had a tour of the internal facilities and met with
         representatives of Bramshott Hill Golf Club and representatives from
         Dibden Open Golf Society and Bramshaw Golf Club.   We had a
         presentation from Mytime Active on how from their perspective the last 5
         year had gone.   We met again in February to discuss the proposals put
         forward by Mytime Active, discuss how the golf course had been
         managed over the past 5 years and address the concerns raised by the
         resident golf club and the users of the golf course.

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