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Sorry David, Thanet Council don't own the Dreamland site. It is owned by the estate of J. Godden & other who have interests in Bench St.
Until such time as the CPO process is completed in favour of Thanet Council it remains the property of the above. I believe they are appealing the CPO process, therefore deadlock. Hence Thanet Council have no land to give away at a peppercorn rent.
The same would apply to DDC [under your idea]. If you do not use the site for the purpose it is being CPO'd then the landowners/tenants could challenge the process.
Sorry you are entering extremely complex legal matters that are not straight forward & ensure legal bods retire in comfort for advice or challenging the process which is currently going on.
Another matter not for a blog while processes are underway.
Watty
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