Livestock Market site, Louth
On 11 October, 2017 we agreed to refurbish the Livestock Market facility in Louth and withdraw from the sale of the site.
Update - January 2019
Following a recent tender exercise we are now in a position to appoint a contractor to undertake the refurbishment works at the Livestock Market. We had previously considered deferring the work until such time as the new lease with the auctioneers was complete but upon receiving confirmation from our solicitors that the lease completion could still be some months away we thought it would be prudent to move ahead with these works sooner rather than later. A move that we are sure will be welcomed by the Lincolnshire farming community.
The lease renewal negotiations continue to make steady progress and whilst there are still some issues to be resolved we now have a clear timescale for addressing these and bringing the matter to a conclusion. Ultimately if the parties cannot reach an agreement then the legislation dictates that the outstanding matter(s) will be determined by the Court.
In the meantime we continue to respond to reactive maintenance requests as and when they arise in order to ensure the continued running of the market.
Louth Livestock Market - Implementation of Full Council recommendations
That Council instruct Officers to formally withdraw from the sale process with ADV partnership and that Council rescind the decision of 23rd July 2014 to provide a replacement livestock facility
ADV Partnership advised via Chase & Partners of formal Council Resolution on 13th October 2017.
None - recommendation completed.
That Council instruct officers to bring forward proposals for a necessary refurbishment of the existing Livestock Market facility in line with the
Councils Financial Procedure Rules.
That Council continue to engage with Louth Market Auctioneers in order to agree terms to finalise a legally binding agreement between the Council and Louth Market Auctioneers (LMA).
That Council agree to be supportive and to encourage stakeholders to engage with Louth Market Auctioneers to investigate ways in which the Livestock Market site could be used for a wider range of complementary activities in addition to the weekly livestock market operation in order to increase the utilisation of the site and the income derived from the site.
ELDC Officers met with LMA on 13th September 2017.
That in support of recommendation 4. Council instruct officers to review the footprint of the current Livestock Market site in order to explore potential ways in which the whole site could be better utilised. This is to include safeguarding the ex-Boars Head public house building for use /refurbishment subject to market demand.