This section allows you to view the general details of a Decision
Details
Title:
Disposal of 'The Chamberlain Buildings' Corporation Street
Include item on Forward Plan/ Key Decision
No
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Director of Inclusive Growth
CMIS Ref. 007189/2020 (old)
Implementation Date (not before meeting on)
Tue 26 May 2020
Purpose
This report
provides information on the outcome of the informal tender process for the
disposal of the Chamberlain Buildings as part of the Prospectus 2
disposals. The report seeks approval to the sale of the Chamberlain
Buildings, Corporation Street, Birmingham on a long leasehold basis.
Key Portfolio
------ N/A ------
Chief Officer Decision Maker
Decision Outcome
On 26 May 2020, Cabinet:
-
Approved the long-leasehold disposal (250-year lease) of the Council owned properties collectively known as The Chamberlain Buildings, at the highest recommendable offer as detailed in Exempt Appendix 3 of the report;
-
Authorised the Assistant Director Property Services to revert to the under bidders where appropriate should the recommended disposal not proceed to completion;
-
Delegated approval of the final disposal terms agreed under paragraph (ii) above to the Leader of the Council in consultation with the Assistant Director Property Services;
-
Authorises the City Solicitor to negotiate, execute and complete all relevant documentation to give effect to the above decisions.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 1 JUNE 2020.
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
Is Decision County Wide:
No
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
This Decision does not contain any Ward records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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This section displays the history of the Decision.
Decision History
15/05/2020 16:15:35 | Errol Wilson | Business Item Created | |
15/05/2020 16:15:35 | Errol Wilson | Committee Added | Cabinet |
15/05/2020 16:15:56 | Errol Wilson | Status Changed | Decision Proposed [2] |
15/05/2020 16:17:05 | Errol Wilson | Meeting Added | 26/05/2020 10:00AM |
15/05/2020 16:18:53 | Errol Wilson | Report Added | Document ID 171845: Disposal of the Chamberlain Buildings Report |
15/05/2020 16:18:55 | Errol Wilson | Report Added | Document ID 171846: Chamberlain Buildings Appendix 1 |
15/05/2020 16:18:58 | Errol Wilson | Report Added | Document ID 171847: Chamberlain Buildings Appendix 2 |
15/05/2020 16:20:48 | Errol Wilson | Report Added | Document ID 171848: Chamberlain Buildings Appendix 3.pdf Private |
15/05/2020 16:20:50 | Errol Wilson | Report Added | Document ID 171849: Chamberlain Buildings Appendix 4.pdf Private |
15/05/2020 16:20:53 | Errol Wilson | Report Added | Document ID 171850: Chamberlain Buildings Appendix 4. page 2 pdf Private |
Approval/Comments
No history found.