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Details

Status:
Implemented
Title:
Proposed Sale of Surplus Freehold Property Assets by Public Auction
Include item on Forward Plan/ Key Decision
Yes
Reference:
012358/2024
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)
Thu 28 Mar 2024
Purpose
To seek authority for the sale of the Council’s freehold property interests listed in Appendix 1 of this report by public auction
Key Portfolio
Leader
Decision Maker
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet Committee – Property
Directorate
Place, Prosperity and Sustainability
Other Information
Private Reason
Decision Outcome

On 28 March 2024, Cabinet Committee – Property:-

  1. Authorised the Director of Property & Investment to conclude the sale of the Council’s freehold property interests at a minimum of the reserve values listed in Exempt Appendix 2 by public auction through its appointed auctioneers during the remainder of 2024;

  2. Authorised the Director of Property & Investment, where deemed appropriate, to set individual reserve prices in excess of £200,000;

  3. 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 FRIDAY 5 APRIL 2024.

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

Economy and Skills Overview and Scrutiny Committee

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Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
123
 Page 1 of 3, items 1 to 10 of 21.
22/12/2023 10:42:55Janet HinksBusiness Item Created 
22/12/2023 10:42:55Janet HinksCommittee AddedCabinet Committee – Property
22/12/2023 10:42:55Janet HinksMeeting Added31/01/2024 4:00PM
22/12/2023 10:43:40Janet HinksOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
22/12/2023 10:44:53Janet HinksContacts Edited 
22/12/2023 10:46:10Janet HinksConsultation/Comments Edited 
22/12/2023 10:46:32Janet HinksStatus ChangedDecision Scheduled [1]
22/12/2023 10:55:58Janet HinksGeneral Details Edited 
29/01/2024 16:35:26Janet HinksGeneral Details Edited 
29/01/2024 16:35:45Janet HinksMeeting Added29/02/2024 11:00AM

Approval/Comments

No history found.