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 Fox Street, Birmingham
Include item on Forward Plan/ Key Decision
Yes
Item Contains Exempt/Private Reports
No
Reference:
012689/2024
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 underutilised Council owned land at Fox Street, Birmingham, B5 5AD (“the Property”) as shown edged bold black on the attached plan at Appendix 1 to the report and extending to 1497.33 sqm by the grant of a new 255-year lease to the Purchaser as detailed in Exempt Appendix 2/3/4 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 2/3/4 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.

 

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

Nechells

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 Land at Fox Street, Birmingham, B5 5AD. (113Kb)
  2. pdf CCP Report Sale of Land at Fox Street (182Kb)
    1. pdf Appendix 1 ETNA St FOX St SITE PLAN (361Kb)
    2. pdf Exempt Appendix 2 - Private Report - Private Report
    3. pdf Exempt Appendix 3 - (Final) Etna and Fox Street Disposal Strategy & Recommendation Report - 240606 - Private Report
    4. pdf Exempt Appendix 4 Fox Street - HoTs 240523 - Private Report
    5. pdf Appendix 5 - EIA000381_Sale of vacant Land at Fox Street Birmingham. B5 5AD_29-02-2024_12-51-15 (527Kb)
    6. pdf Exempt Appendix 6 RPT CNSLTN SMMRY FOX ST (003) - Private Report
    7. pdf Appendix 7 PUB RPT CNSLTN SMMRY FOX ST (49Kb)

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.
13/03/2024 12:19:29Janet HinksBusiness Item Created 
13/03/2024 12:19:29Janet HinksCommittee AddedCabinet Committee – Property
13/03/2024 12:19:29Janet HinksMeeting Added08/05/2024 3:00PM
13/03/2024 12:20:18Janet HinksWard AddedNechells
13/03/2024 12:21:01Janet HinksOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
13/03/2024 12:21:01Janet HinksOS Committee AddedFinance and Resources Overview and Scrutiny Committee
13/03/2024 12:21:56Janet HinksContacts Edited 
13/03/2024 12:24:16Janet HinksConsultation/Comments Edited 
13/03/2024 12:24:29Janet HinksStatus ChangedDecision Scheduled [1]
13/03/2024 12:29:15Janet HinksGeneral Details Edited 

Approval/Comments

No history found.