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Details
Title:
Land at Montague Street, Bordesley, B9 4BA: Disposal
Include item on Forward Plan
Yes
Item Contains Exempt/Private Reports
No
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Interim Director Inclusive Growth and Acting Director Neighbourhoods
Implementation Date (not before meeting on)
Tue 11 Feb 2020
Purpose
To agree the disposal of Council land and the relocation of a waste facility
Key Portfolio
OLD - Street Scene and Parks
Chief Officer Decision Maker
Directorate
Inclusive Growth and Neighbourhoods
Private Reason
3. Information relating to the financial or business affairs of any particular person (including the council)
Decision Outcome
On 11 February 2020, Cabinet:-
-
Approved solus negotiations for the sale of the Site subject to a leaseback of the whole of the Site to the Council and authorised the Assistant Director of Property to negotiate and complete the sale and leaseback, noting that additional commercially sensitive information is detailed in Exempt Appendix 3 to the report;
-
Approved the purchaser paying a 10% deposit on exchange and the balance of the purchase monies on completion;
-
Authorised the Acting City Solicitor to prepare, negotiate, execute and complete all relevant legal documentation to give effect to the above;
-
Approved the Acting Director, Neighbourhoods progressing an Outline Business Case for the relocation of the Montague Street Depot, noting that the development, relocation and future service provision is to be delivered within available capital and revenue resources.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 17 FEBRUARY 2020.
Would the recommended decision be contrary to the budget and policy framework:
No
Additional Information
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
Bordesely & Highgate
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
Economy and Skills Overview and Scrutiny Committee
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Decision History
30/12/2019 16:40:22 | Janet Hinks | Business Item Created | |
30/12/2019 16:40:22 | Janet Hinks | Committee Added | Cabinet |
30/12/2019 16:40:22 | Janet Hinks | Meeting Added | 11/02/2020 10:00AM |
30/12/2019 16:41:06 | Janet Hinks | Ward Added | Bordesely & Highgate |
30/12/2019 16:42:18 | Janet Hinks | Contacts Edited | |
30/12/2019 16:43:01 | Janet Hinks | OS Committee Added | Economy and Skills Overview and Scrutiny Committee |
30/12/2019 16:46:35 | Janet Hinks | Consultation/Comments Edited | |
30/12/2019 16:46:45 | Janet Hinks | Contacts Edited | |
30/12/2019 16:47:56 | Janet Hinks | Status Changed | Decision Scheduled [1] |
09/01/2020 13:01:01 | Janet Hinks | General Details Edited | |
Approval/Comments
No history found.