Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Sale of 10 Woodcock Street, Birmingham B1 1BR
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
011225/2023
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director of Place, Prosperity and Sustainability - Paul Kitson
Implementation Date (not before meeting on)
Wed 26 Jun 2024
Purpose

As part of the delivery of the Knowledge Quarter this report seeks approval to the grant of a leasehold interest to Aston University of accommodation at Woodcock Street in order to deliver a new health hub and ancillary office accommodation.

Key Portfolio
Deputy Leader and Economy & Skills
Decision Maker
Not Applicable
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision

Capital receipt in excess of £1m

Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet Committee – Property
Directorate
Place, Prosperity and Sustainability
Other Information
Title updated 07 March 2024 from Knowledge Quarter – Woodcock Street
Private Reason
Decision Outcome

On 26 June 2024, Cabinet Committee – Property:-

 

(i) Authorised the Assistant Director of Investment and Valuation to conclude the sale of the surplus Council asset at 10 Woodcock Street subject to vacant possession being provided for a capital sum as set out in Exempt Appendix 2 to the report;

 

(ii) Delegated approval of the final sale terms agreed under (i), including any terms as to payment and holding of a deposit, to the Assistant Director of Investment and Valuation;

 

(iii) Noted the purchaser will also pay a contribution towards the Councils surveyor and legal costs, as detailed in Exempt Appendix 2 to the report;

 

(iv) Authorised the City Solicitor to prepare, negotiate, execute, and complete all relevant legal documents to give effect to the above;

 

(v) Noted the feedback from the Economy, Skills and Culture Overview and Scrutiny Committee, and the response, as set out in paragraph 5.6 and Appendix 6 to the report.

 

THE DEADLINE FOR CALL IN IS 1600 HOURS ON TUESDAY 2 JULY 2024.

 

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Nechells

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy, Skills and Culture Overview and Scrutiny Committee

This section allows you to view the reports for the Decision.

Reports

  1. pdf Sale of 10 Woodcock Street, Birmingham B7 1BL (113Kb)
  2. pdf CCP Sale of Woodcock Street (150Kb)
    1. pdf Appendix 1 - 10 Woodcock Street Plan (382Kb)
    2. pdf Exempt Appendix 2 - Private Report - Private Report
    3. pdf Exempt Appendix 3 - Woodcock HoT's 160424 (004) - Private Report
    4. pdf Exempt Appendix 4 – Agent report Woodcock Street - Final Validation report - Private Report
    5. pdf Appendix 5 - EIA000309_Reduction in CAB premises (and delivery of associated savings) (763Kb)
    6. pdf Exempt Appendix 6 _Overview and Scrutiny Summary_13 June 2024_v2 - Private Report
    7. pdf Appendix 7 - Ward Member Consultation Public (7Kb)
    8. pdf Exempt Appendix 8 - Ward Member Consultation - Private Report

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
123456
 Page 1 of 6, items 1 to 10 of 58.
10/03/2023 09:25:06Wendy HillBusiness Item Created 
10/03/2023 09:25:06Wendy HillCommittee AddedCabinet
10/03/2023 09:25:06Wendy HillMeeting Added16/05/2023 10:00AM
10/03/2023 09:25:44Wendy HillWard AddedNechells
10/03/2023 09:26:40Wendy HillOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
10/03/2023 09:26:40Wendy HillOS Committee AddedResources Overview and Scrutiny Committee
10/03/2023 09:27:21Wendy HillContacts Edited 
10/03/2023 09:27:51Wendy HillStatus ChangedDecision Proposed [2]
10/03/2023 09:28:22Wendy HillGeneral Details Edited 
10/03/2023 09:29:41Wendy HillGeneral Details Edited 

Approval/Comments

No history found.