On 28
June 2022, Cabinet:-
(i) Approved the freehold
disposal of the Council owned land at Bordesley Park, to the highest
recommendable offer as detailed in the Exempt Appendix 3;
(ii) authorised the
Assistant Director of Property in consultation with the Director of Council
Management and Leader to revert to the under bidders in the event of failure to
complete and proceed to completion;
(iii) delegated approval of
the final sale terms agreed under (ii) above to the Leader of the Council, from
a report from the relevant Chief Officer;
(iv) authorised the City
Solicitor (or their delegate) to negotiate, execute and complete all relevant
documentation to give effect to the above recommendation;
(v) authorised the Assistant
Director of Property to carry out preparatory work and enter into negotiations,
serve relevant notices and pay all relevant statutory and non-statutory
compensation to seek vacant possession in respect of any of the land required
including at Venetia Road, Tilton Road, the Cherrywood Industrial Estate and
the former Meadway Spares site;
(vi) noted that upon disposal,
the City Council will consult with HM Treasury on options to apply the
Levelling Up Fund (LUF) grant awarded for Bordesley Park for wider remediation,
reclamation and acquisition within the area and consistent with the purposes of
the grant application.
THE
DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY 4 JULY 2022.