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

Details

Status:
Implemented
Title:
Disposal of 'The Chamberlain Buildings' Corporation Street
Include item on Forward Plan/ Key Decision
No
Reference:
007705/2020
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 ------
Decision Maker
Chief Officer Decision Maker
Reason For Key Decision
Capital receipt in excess of £1m.
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Other Information
Private Reason
Decision Outcome

On 26 May 2020, Cabinet:

 

  1. 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;

  2. Authorised the Assistant Director Property Services to revert to the under bidders where appropriate should the recommended disposal not proceed to completion;

  3. 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;

  4. 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
Decision Options:

Additional Information

Reg 10
Reg 11

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.

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

Reports

  1. pdf Disposal of the Chamberlain Buildings Report (165Kb)
  2. pdf Chamberlain Buildings Appendix 1 (154Kb)
  3. pdf Chamberlain Buildings Appendix 2 (87Kb)
  4. pdf Chamberlain Buildings Appendix 3.pdf Private - Private Report
  5. pdf Chamberlain Buildings Appendix 4.pdf Private - Private Report
  6. pdf Chamberlain Buildings Appendix 4. page 2 pdf Private - Private Report
  7. pdf Chamberlain Buildings Appendix 5 (292Kb)

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
12
 Page 1 of 2, items 1 to 10 of 14.
15/05/2020 16:15:35Errol WilsonBusiness Item Created 
15/05/2020 16:15:35Errol WilsonCommittee AddedCabinet
15/05/2020 16:15:56Errol WilsonStatus ChangedDecision Proposed [2]
15/05/2020 16:17:05Errol WilsonMeeting Added26/05/2020 10:00AM
15/05/2020 16:18:53Errol WilsonReport AddedDocument ID 171845: Disposal of the Chamberlain Buildings Report
15/05/2020 16:18:55Errol WilsonReport AddedDocument ID 171846: Chamberlain Buildings Appendix 1
15/05/2020 16:18:58Errol WilsonReport AddedDocument ID 171847: Chamberlain Buildings Appendix 2
15/05/2020 16:20:48Errol WilsonReport AddedDocument ID 171848: Chamberlain Buildings Appendix 3.pdf Private
15/05/2020 16:20:50Errol WilsonReport AddedDocument ID 171849: Chamberlain Buildings Appendix 4.pdf Private
15/05/2020 16:20:53Errol WilsonReport AddedDocument ID 171850: Chamberlain Buildings Appendix 4. page 2 pdf Private

Approval/Comments

No history found.