Decision Details

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

Details

Status:
Implemented
Title:
Sale of Land at Staniforth Street, Birmingham
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
012690/2024
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director Place, Prosperity and Sustainability
Implementation Date (not before meeting on)
Wed 26 Jun 2024
Purpose
Approval of disposal terms
Key Portfolio
Deputy Leader and Economy & Skills
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Above £1M capital.
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet Committee – Property
Directorate
Place, Prosperity and Sustainability

 

Other Information
Private Reason

3. Information relating to the financial or business affairs of any particular person (including the council)

Decision Outcome

On 26 June 2024, Cabinet Committee – Property:-

(i) Authorised the Assistant Director of Investment & Valuation to conclude an unconditional sale of the Council owned Car Park at Staniforth Street, Birmingham as shown edged bold black on the attached plan at Appendix 1 to the report, and extending to 364 2.17 sqm by the grant of a new 255-year lease to the Purchaser as detailed in Exempt Appendix 2 to the report;

 

 

(ii) Noted that the purchaser will also pay a contribution towards the Council’s surveying and legal costs, as detailed in Exempt Appendix 2 to the report;

 

(iii) Authorised the Assistant Director of Investment and Valuation to revert to the under bidders in the event of a failure to complete and proceed to completion;

 

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

 

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

Newtown

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 Car Park at Staniforth Street, Birmingham, B5 5DN (113Kb)
  2. pdf CCP Report Sale of Staniforth St Car Park (196Kb)
    1. pdf Appendix 1 Staniforth St Site Plan (288Kb)
    2. pdf Exempt Appendix 2 SALE OF STANIFORTH St Car Park.docx - Private Report
    3. pdf Exempt Appendix 3 – Jone Lang Lasalle Disposal Strategy & Recommendation Report(Final) - 240606 - Private Report
    4. pdf Exempt Apprndix 4 = Staniforth Street - HoTs 240523 - Private Report
    5. pdf Appendix 5 - EIA000382_Sale of Land at Staniforth Street Birmingham. B5 5DN_29-02-2024_13-05-01 (002) (527Kb)
    6. pdf Appendix 6 - Ward Member Consultation Public (7Kb)

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
123
 Page 1 of 3, items 1 to 10 of 21.
13/03/2024 13:31:09Janet HinksBusiness Item Created 
13/03/2024 13:31:09Janet HinksCommittee AddedCabinet Committee – Property
13/03/2024 13:31:09Janet HinksMeeting Added08/05/2024 3:00PM
13/03/2024 13:32:02Janet HinksWard AddedNewtown
13/03/2024 13:32:35Janet HinksOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
13/03/2024 13:32:35Janet HinksOS Committee AddedFinance and Resources Overview and Scrutiny Committee
13/03/2024 13:33:45Janet HinksContacts Edited 
13/03/2024 13:35:38Janet HinksConsultation/Comments Edited 
13/03/2024 13:35:59Janet HinksStatus ChangedDecision Scheduled [1]
17/04/2024 11:07:01Janet HinksGeneral Details Edited 

Approval/Comments

No history found.