§ Mr. FatchettTo ask the Secretary of State for the Environment if he will list, by financial year, each contract worth more than £100,000 entered into by Leeds development corporation for the purchase or sale of land and buildings.
§ Mr. BaldryAll details of commercial contracts entered into between a vendor and a purchaser are478W commercial in confidence and releasing such information would require the agreement of both of the parties concerned. Development corporations are required to obtain independent valuations before entering into contracts for the sale or purchase of land or buildings to ensure that the proper market valuation is paid.
§ Mr. FatchettTo ask the Secretary of State for the Environment if he will set out for each financial year since its inception(a) the amount of money spent on acquiring land and buildings and (b) the amount of money received for the sale of land and buildings by Leeds development corporation.
§ Mr. BaldryExpenditure and receipts in respect of the acquisition and sale of land and buildings by Leeds development corporation from inception until 31 March 1993 are as follows:
Expenditure (£000) Receipts (£000) 1988–89 935 0 1989–90 5,671 0 1990–91 7,542 7 1991–92 3,377 1,861 1992–93 6,393 4,041