Wednesday, 13 November 2013

Pairc buy-out

On Thursday 21st November, a meeting will be held for residents of South Lochs and members of the Pairc Trust to determine whether the community of South Lochs will endorse a voluntary transfer of the Pairc Estate to the Pairc Trust. This would be in the place of the current Part 3 compulsory purchase, against the landlord’s wishes. The asking price is actually higher than under the compulsory purchase, and the difference is expected to be raised from the public purse.

Whilst an amicable transfer would of course be preferable, I am by no means convinced that in this case it is to the benefit of the community. The delaying tactics from the landlord have dragged this saga out since 2004, admittedly serving to show up all the weaknesses in the legislation. A favourable settlement would involve the same asking price, to name but a thing. However, full details on the T&C’s for this agreed transfer will be provided at the meeting.

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