Exeter City Council is set to dispose of just under 40 acres of land at King George V Playing Fields at Countess Wear to Exeter City Community Trust.
Tuesday’s meeting of its executive committee agreed to transfer the land by lease to the trust for a term of 50 years following an initial consultation held in June.
The committee was presented with a project “concept scheme”, which includes the refurbishment and extension of the existing sports pavilion, the addition of an artificial all-weather pitch and 35 additional car parking spaces.
Other, subsequent, facilities enhancements are intended, subject to the successful acquisition of project funding.
A “wide-ranging fully open” public consultation on the planned land transfer and the site development proposals is expected to take place during the autumn.
The council says it will not grant a lease agreement without first seeing a “substantive business plan setting out funding for the construction of the first phase” of the project.
Exeter City Community Trust is a health and wellbeing charity which works with Exeter City Football Club. The club is owned and run by its supporters through majority shareholder Exeter City Supporters’ Trust.