Locals to benefit from 25 year stadium lease

By on 23/07/2013 in News

Birmingham residents in Castle Vale are set to benefit from a 25 year lease which will see the continued use of Castle Vale Stadium and associated sports pitches due to the council's Community Asset Transfer (CAT) protocol.

In line with the local authority's CAT protocol - where ownership of land and buildings from public bodies can be moved to communities /associations - it will transfer the Farnborough Road Stadium and pitches to Castle Vale Community Housing Association (CVCHA).

Cllr Penny Holbrook, Erdington District Chair, said: “This transfer means local people and families can keep using sporting facilities in their area. Local communities taking control where they can to make a difference is the essence of District work, and we welcome more of this style of localism.”

“The advantage of Community Asset Transfer is to deliver benefits in a way where the city council can support the development of strong and vibrant local communities.”

Birmingham City Council is committed to using council assets to form long-term partnerships with suitable third sector organisations.

The CAT protocol gives greater powers to community and voluntary sector organisations, social enterprises individuals looking to form a not-for-private-profit group to benefit their neighbourhood.

Through the council's CAT protocol the CVCHA will be offered rent at market value which is rebated in accordance with the protocol's principles.

Ends

For more media information contact Karen Blanchette on 0121 303 6969.

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