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Community group trigger process to bid for Ryde Arena

Ryde Arena Community Action Group have this week officially registered their new company, Wight Ice Leisure Limited.

The company has been created as the legal entity with which to trigger the Asset of Community Value moratorium (as the Ryde Arena Community Action Group voted to do at the last meeting).

This means the asset can’t be disposed of without giving community groups a chance to bid.

Six month moratorium triggered
Robina MacIntyre, the Chairman Ryde Arena Community Action Group and Director Wight Ice Leisure Limited said,

“Today (Thursday) we notified the Isle of Wight Council of our interest in being treated as a potential bidder and they have confirmed this, which triggers the six month moratorium.

“The Isle of Wight Council will let us know for certain what the end date of this moratorium is soon, but we believe it to be 13th August.”

Wight Ice Leisure will also be used to conduct any negotiations with AEW UK (the landlord) and if required, to raise funds towards an attempt to acquire the ice rink for the community.

You can stay up to date with news on Ryde Arena by Liking and following the Facebook Page

Image: © Ryde Arena Community Action Group

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YJC
24, January 2018 9:43 am

On the face of it this looks good value. But then, thinking about it, it is a fortnightly collection – so really £2 every two weeks. Also, realistically, most garden waste is generated spring to autumn? So in a lot of homes this service would be used six or eight months of the year? So if you can use this service all year round – 26 bins… Read more »

Craftus
24, January 2018 1:12 pm

What was wrong with the previous pay as you go system with green sacks for £1.20 each?

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