Ref NoLDC/CD/11
TitlePapers relating to the Wind-Up of the Corporation
Date1993-1996
TermStrategic planning
Related MaterialThe legal aspects of creating an endowment fund can be found in the Legal departments papers, LDC/FMSD/5/2.
AdminHistoryBy 1989 a date of 1995 had been set for the commencement of the dissolution Livingston Development Corporation, with a projected timetable of 3 years. This was, however, superseded by the re-organisation of local government and the Windup Order was brought forward so that Livingston Development Corporation would dissolve on 31 March, 1997, at the same time as the creation of a new unitary local authority, West Lothian Council.

The Corporation had, where possible, retained ownership of land in Livingston, so that it could control development. As a result, with the dissolution of the Corporation, a wide variety of commercial and land assets had to be disposed. In some cases they were endowed to the newly formed Council, in others the assets were sold and the capital receipts used to offset the loans that had funded the Corporation's activities in the preceding thirty-four years.
AccessStatusOpen
Extent11 files
ScopeandContent11 files detailing the creation of, and reasoning behind, the endowment package left by the Corporation in its dissolution, to the newly formed West Lothian Council, 1993-1996.
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