Decision Details

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

Details

Status:
Implemented
Title:
Disposal of Murdoch and Pitman, Birmingham, 153- 161 Corporation Street, Birmingham
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
No
Reference:
009239/2021
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Acting Director, Inclusive Growth - Ian MacLeod
Implementation Date (not before meeting on)
Tue 7 Jun 2022
Purpose

To report a revised sale price for the Murdoch-Pitman building following Cabinet approval for a stated price in December 2018.

Key Portfolio
Leader
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
Inclusive Growth
Other Information
Private Reason
Decision Outcome

On 7 June 2022, Cabinet:-

 

  1. Authorised the Assistant Director of Property to conclude a conditional on planning sale of the surplus Council owned property, of the Murdoch Chambers & Pitman Buildings at 153 -161 Corporations Street by the grant of a new 150 year lease1 at a premium to MP Dev Co Ltd (“the Purchaser”) as detailed in Exempt Appendix 4 to the report and provided for in the previously agreed & signed Agreement for Lease which was dated 7th June 2019 attached as Exempt Appendix 6 to the report;

     

  2. Noted that the purchaser will also pay a contribution towards the Council’s surveyor and legal costs, as detailed in Exempt Appendix 4 to the report;

     

  3. Authorised the City Solicitor to conclude the new lease and associated legal documentation to give effect to the above decisions.

     

THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 13 JUNE 2022.

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

Ladywood

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee
Resources Overview and Scrutiny Committee

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

Reports

  1. pdf Sale of Murdoch Pitman Cabinet Report 24.05.22 (v6) (178Kb)
    1. pdf Appendix 1 Public Murdoch Chambers & Pitman Buildings (196Kb)
    2. pdf Appendix 2 Public EQUA738 Disposal of Murdoch & Pitman (497Kb)
    3. pdf Appendix 3 Public - Summary of Internal Ward Member Disposal of Murdoch and Pitman Dec 2018 (81Kb)
    4. pdf Exempt Appendix 4 - Murdoch and Pitman FINAL - Private Report
    5. pdf Exempt Appendix 5 - AY Valuation Report - Murdoch and Pitman (003) - Private Report
    6. pdf Exempt Appendix 5a AY Valuation Update - Private Report
    7. pdf Exempt Appendix 6 - Signed Agreement for Lease - Private Report

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 24.
05/08/2021 16:47:17Wendy HillBusiness Item Created 
05/08/2021 16:47:17Wendy HillCommittee AddedCabinet
05/08/2021 16:47:17Wendy HillMeeting Added12/10/2021 10:00AM
05/08/2021 16:48:00Wendy HillWard AddedLadywood
05/08/2021 16:48:19Wendy HillStatus ChangedDecision Proposed [2]
05/08/2021 16:49:20Wendy HillContacts Edited 
05/08/2021 16:49:42Wendy HillOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
05/08/2021 16:49:43Wendy HillOS Committee AddedResources Overview and Scrutiny Committee
05/08/2021 16:50:02Wendy HillGeneral Details Edited 
18/08/2021 12:33:44Wendy HillMeeting Added09/11/2021 10:00AM

Approval/Comments

No history found.