commiss decis juli aid provid derbyshir counti council toyota motor corpor undertak produc motor vehicl english text authent eec commiss european commun regard treati establish european econom commun subparagraph articl thereof notic accord articl interest parti submit comment april toyota motor corpor toyota unit kingdom govern announc toyota decid build plant produc passeng car acr site burnaston derbyshir unit kingdom product envisag commenc end initi target vehicl year rise eventu stage direct employ plant amount total invest estim million ecu million invest proce financi assist central govern local author derbyshir offer modest assist number aspect project site prepar road access made clear assist deem notifi commiss unit kingdom govern step april unit kingdom author wrote commiss confirm commit notif februari unit kingdom author wrote commiss inform discuss toyota derbyshir counti council dcc provis packag local measur final measur consist infrastructur servic toyota site servic requir meet increas local aris toyota invest measur unit kingdom author state contain regard state aid defin articl eec treati period press report appear indic site increas size initi acr acr sold toyota full market press report drew larg part minut meet polici committe dcc held novemb commiss minut disclos dcc agre packag measur assembl prepar site plant sale toyota core acr site compani origin request addit contigu site acr toyota subsequ request financi breakdown packag estim dcc sale acr acr million sale acr acr million total million estim cost land assembl million estim net cost access servic provis million total million land sale price purport reflect market larg site signific plan constraint cover cost access servic purport meet eec requir invest motor industri subsid seri correspond meet commiss unit kingdom author design establish relev fact figur pertain project packag measur offer dcc commiss wrote unit kingdom author februari note recent press report effect site sold toyota derbyshir underpr request relev inform report derbyshir district valuer sale report dcc matter prior meet unit kingdom author wrote commiss februari enclos inform note packag measur offer toyota dcc note dcc assembl acr site sale toyota price million ecu million infrastructur servic provid free charg toyota site dcc intent break transact direct cost land purchas infrastructur provis cover incom sale fulli servic site market land need consid stage core site acr public ownership remain acr privat ownership acquir compulsorili core site valu vendor valuer citi estat valuat offic june million ecu million valuat discuss inform district valuer express content basi establish februari unit kingdom author wrote commiss note district valuer opinion site valuat oral enclos background correspond dcc basi valuat correspond argu fact meaning assembl sale acr site singl split core acr expans acr area date meet place commiss unit kingdom author acknowledg budget overrun origin dcc intent break transact realiz commiss request inform write includ copi origin site sale agreement dcc toyota evid sale price site correspond open market price written confirm district valuer opinion unit kingdom author forward inform commiss term site sale agreement dcc toyota februari toyota purchas acr site dcc ecu million equival averag sale price acr purchas remain acr site requir acr assum toyota decid purchas remain acr site bring sale price remain site million ecu million total acr site million ecu million acr site formal valu derbi district valuer million ecu million equival acr valuat assum vacant freehold site servic site perimet calcul current market valu discount account timescal infrastructur complet district valuer acknowledg consider smaller site suitabl industri develop area fetch acr advis larg discount factor appli acr sale larg site account characterist individu site commiss accept case discount sale price appli evid small site transact larg site transact note high discount appli present case note acr site sold toyota averag price acr averag district valuer legal oblig dcc local author realiz sale asset commiss view acr minimum sale price acr basi sale price acr minimum million million price charg toyota commiss decid juli initi procedur provid articl eec treati respect term sale acr site burnaston dcc toyota term exist state aid million respect sale acr element site commiss awar valuat district valuer remain acr situat sale acr need clarifi light addit inform provid unit kingdom author depend oper treat separ sale sale singl site toyota enabl bui site full market fact bear full cost acquisit normal commerci condit constitut indirect aid mean articl letter date septemb commiss gave unit kingdom govern notic submit comment month provid inform apprais case accord articl eec treati member state parti notic submit comment ii framework articl procedur unit kingdom govern submit comment letter date octob februari meet commiss servic held march june meet attend repres toyota motor compani comment made compani repres subsequ forward commiss legal repres letter date june comment unit kingdom govern maintain sale site toyota dcc contain state aid member state interest parti submit comment procedur iii letter date octob unit kingdom govern repli commiss letter septemb initi procedur argu transact dcc toyota outlin earlier correspond reflect outcom normal commerci negoti contain element state aid point made unit kingdom govern transfer acr consid singl transact cover site toyota open negoti dcc januari sale core site acr month request dcc investig possibl assembl site acr discuss price commenc summer toyota made firm decis bui site outright februari onward dcc acr site develop toyota requir total site case sale price determin acr core site dcc develop remaind site industri commerci purpos case million ecu million paid core site justifi refer flagship natur toyota presenc event million figur histor relic earliest dai negoti real signific site sale agreement express transact term separ tranch land compulsori purchas order cpo issu acquir remain acr open challeng end januari sale price million ecu million reflect dcc intent break deal dcc possess land cpo march transfer toyota june total acquisit price paid dcc determin claim compens cpo process estim million ecu million compris million paid derbi citi council transfer core acr million compens payment remain acr reflect larg absenc develop potenti prior toyota arriv lack access servic differ sale price toyota core acr million valuat district valuer million factor born mind land valuat exact scienc uniqu exception larg site sale price reflect outcom hard fought commerci negoti toyota strong bargain posit district valuer awar number constraint burden add cost develop land dcc awar gradient land requir consider earthwork provid level site advers ground condit give rise extens pile prior build work cost toyota total million letter date decemb commiss request inform aspect land transact dcc toyota advanc bilater meet request unit kingdom author includ regulatori provis govern sale asset local author evid compar transact unit kingdom trend land price evid potenti purchas site burnaston letter date februari unit kingdom govern repli commiss provid background inform site transfer consid singl transact cover acr enclos relev legal provis local govern act govern criteria dispos asset stipul local author gener allow dispos land consider obtain conclus evid compar land transact unit kingdom potenti purchas site question forthcom letter point gener advic local author district valuer legal requir legal bind meet repres unit kingdom govern march commiss state light evid argument present recent correspond accept sale acr site dcc toyota view singl transact establish transact contain element state aid valuat carri total site commiss request unit kingdom author arrang commiss suggest insist district valuer appear obviou choic carri exercis interest consist view statutori role term refer attach valuat unit kingdom repres object suggest district valuer carri valuat provid propos term refer letter date march commiss wrote unit kingdom author confirm request valuat acr site term refer valuat follow assumpt methodolog adopt origin valuat core element site absenc compel reason depart specif valuat base valu date sale agreement februari assum servic perimet site vacant possess ignor alleg disadvantag pertain expans element acr access lower develop potenti relev element site valu isol irrelev total acr consid singl site sold full plan permiss industri develop final valuat attempt account quot signific constraint quot relat gradient land advers ground condit cite letter octob experi quot constraint quot fact standard featur larg site assembl industri develop relat pile cost standard cost greenfield motor assembl plant shortli unit kingdom author inform commiss author district valuer agreeabl carri valuat letter date unit kingdom author forward report district valuer commiss request earli meet discuss report district valuer describ detail site plan permiss grant august erect vehicl assembl product plant accompani condit sale agreement made acknowledg term refer valuat natur valuat term make clear valuat assess price properti expect sold open market date valuat assum seller benefit term agreement sale plan permiss avoid doubt reflect site characterist constraint influenc vendor purchas normal commerci open market negoti basi district valuer conclud site million ad extens research nation scale reveal compar transact size evid meet unit kingdom govern repres commiss argu district valuer report valid term establish state aid project evid intent part toyota request receiv state aid technic point unit kingdom repres argu district valuer request base valuat land price april term sale agre februari sale agreement formal sign final state aid amount neglig affect trade member state meet june attend repres toyota document hand commiss refer formal submit letter dai toyota legal repres document includ speak note princip toyota repres comparison land cost south wale burnaston humbersid wider comparison price undevelop industri land examin toyota document hand unit kingdom repres includ copi letter date june district valuer respons request depart trade industri effect choos april oppos februari valuat date report letter state market condit fact deterior period state valuer firm conclus april report februari fact put date copi report date june made unit kingdom privat properti consult firm request june dti act initi analys land valu period april februari derbi area provid altern valuat acr februari report draw part inform provid dti valu site million studi conclud exclud toyota effect growth land valu month period tabl rang industri warehous land valu april drawn properti market report valuat offic meet unit kingdom repres argu land price gener increas significantli april februari land valuat inevit arbitrari subject element parti concern establish reason price rang singl absolut figur district valuer acknowledg point refer valuat toyota repres emphas publicli state intent outset proce project burnaston request receiv state aid central govern local author outlin strictli commerci approach consider altern site decis choos burnaston site understand price offer dcc repres commerci echo unit kingdom repres view rang site valu singl reason approach question valuat letter date juli unit kingdom author enclos intern document prepar toyota transact request commiss account evid present relat price offer toyota altern site unit kingdom respect commerci confidenti inform document repeat develop gener argument advanc earlier unit kingdom side transact entail state aid point made case commiss take decis state aid sale public land base cursori investig insubstanti evid valuat site account relev consider object parti includ fact toyota strong bargain posit vi vi dcc offer larg undevelop site prove difficult sell futur consciou consider financi benefit dcc sale altern valuat commiss unit kingdom author highlight shortcom district valuer report add case adopt price rang million million fix sum valuat iv toyota motor corpor largest motor vehicl produc base japan total group sale worldwid amount million unit group net sale valu ecu million import toyota vehicl commun year amount unit repres commun car registr invest compani burnaston plant announc continu seri ventur design strengthen compani ti europ toyota word commit fulli accept member european automobil industri passeng car market western europ underw period rapid growth late market sole except germani declin sharpli recent time short term outlook remain difficult uncertain medium long term reason point assum return underli annual growth rate order initi present procedur commiss state question exist state aid centr term condit sale site toyota dcc depart normal commerci practic criteria extent constitut state aid favour toyota mean articl eec treati remain point departur consider case commiss fulli accept unit kingdom govern intend aid project commiss accept outset evid suggest toyota request state aid intend benefit directli indirectli state aid term transfer site absenc intent part toyota state aid entail sale site dcc clear amount aid involv small relat cost project toyota ahead project event aid dcc oblig domest statut sell site toyota consider obtain practic unit kingdom author account factor natur locat land plan develop constraint market land perspect consist commiss point view behaviour public author dispos asset commerci interest trade commun correspond rational privat vendor oper normal market economi condit analog commiss posit public author hold compani capit condit privat vendor examin possibl altern purchas offer sell asset person make highest offer vendor feel special circumst size site import plan condit altern potenti purchas immedi reliabl refer market valu asset asset profession valu take account prevail circumst price condit sale prior sell seek result valuat figur sale price purchas case sale site burnaston dcc carri valuat site prior offer toyota april valuat dcc relat core acr site carri june price offer toyota note open present procedur valuat exceed price sought toyota million attempt made dcc revis sale price account differ valuat remaind site carri dcc initi commiss accept break approach dcc packag offer toyota evidenc minut polici committe dcc novemb cite confirm subsequ correspond unit kingdom author correspond behaviour commerci vendor approach base explicitli estim cost assembl land provid access servic site signific plan constraint dcc character site influenc market price appli purchas toyota commiss accept proposit rough estim cost assembl agricultur land provid servic valid substitut market price dcc obtain bore relat industri land valu circumst accept site sale view singl transact commiss altern total site valu term refer origin valuat carri acr element compar result valuat price paid toyota order establish transact entail state aid unit kingdom author accept approach march queri object propos term refer valuat suggest carri district valuer argument put forward unit kingdom govern toyota subsequ district valuer report commiss firstli make gener point argument carri convict put forward prior unit kingdom author accept term refer valuat request commiss submiss district valuer report argument valuat base april februari price district valuer confirm affect conclus commiss find suffici evid studi land price movement period commiss unit kingdom author warrant queri conclus argument cost aris alleg constraint relat gradient land advers ground condit commiss view cost common featur larg site assembl industri develop relat pile cost greenfield motor assembl plant warrant special consider district valuer account topographi report incorpor altern valuat commiss unit kingdom author initi subsequ receiv district valuer report letter confirm februari price basi make differ conclus commiss agre embark guess exercis parti wish substitut post privat valuer officiali design absenc compel reason interest equiti consist commiss decis make commiss content confidenti valuat justifi critic district valuer methodolog subsequ made toyota commiss valid argument attempt late stage substitut repres rang price singl price emerg district valuer report absenc earlier propos effect reason criteria delimit rang attempt introduc rang valu stage introduc element unwarr arbitr uncertainti run counter pursuit fair object commiss goal procedur commiss point context valuat report commiss independ unit kingdom author conclud precis singl figur valuat made refer rang fair commerci final commiss examin confidenti evid produc toyota altern site offer evid industri warehous land valu valuat offic forward unit kingdom author found detract conclus transact dcc toyota contain state aid million circumst commiss conclud differ million district valuer valuat site million price paid toyota million repres state aid dcc compani consider intra commun trade passeng motor vehicl amount unit equival ecu million aid million grant dcc toyota affect intra commun trade car threaten distort competit market constitut state aid favour toyota mean articl treati vi aid fall scope approv scheme notifi commiss provid articl eec treati commerci activ involv paramet commun framework state aid motor vehicl industri aid grant scope approv aid scheme project cost aid intens subject except oblig notif pursuant articl eec treati unit kingdom govern fail notifi aid case advanc commiss unabl state view measur implement aid illeg award violat articl treati respect recal view imper charact rule procedur laid articl eec treati import public order direct effect court justic recogn rule june case illeg aid issu remedi posteriori vii articl treati list aid compat common market compat treati determin context commun singl member state order safeguard proper function common market take account principl articl except principl articl set articl constru narrowli aid scheme individu aid award scrutin appli commiss satisfi free plai market forc aid induc prospect aid recipi adopt action contribut attain object regard except provid articl aid promot facilit develop area present case burnaston locat derbyshir situat region elig state aid pursuant articl except provid articl fact case provid ground whatsoev aid question intend promot project common european interest remedi disturb unit kingdom economi unit kingdom govern present argument justifi aid question regard except provid paragraph articl eec treati favour aid facilit develop econom activ commiss accept aid motor vehicl industri compat common market fulfil posit criteria appreci aid case region aid cite guidelin commun framework state aid sector concern aid object rescu restructur aid innov fundament ration research develop environment protect basic vocat train object applic aid project question unit kingdom govern claim viii case aid incompat common market commiss mark possibl articl treati court justic judgment juli case confirm judgment februari case requir member state recov recipi aid grant end unit kingdom author recov month incompat aid award toyota derbyshir counti council recoveri realiz provis nation law includ refer late repay charg oblig state event repay take place decid commiss adopt decis articl aid form subsidi amount million toyota motor corpor entail sale compani acr site burnaston derbyshir counti council februari illeg provid violat provis articl eec treati incompat common market mean articl treati articl unit kingdom govern requir ensur aid withdrawn mean refund million toyota derbyshir counti council month notif decis refund amount increas interest advantag compani unlawfulli benefit event refund take place month articl unit kingdom govern inform commiss month notif decis measur compli herewith articl decis address unit kingdom brussel juli commiss leon brittan vice presid oj district valuer govern inland revenu employe statutori function provid inter alia valuat local author purpos bulletin ec note calcul underli break approach realiz consider cost overrun dcc provis relat servic oj ecr ecr ecr