Decision details

Land and Property Transactions - Corporate Landlord

Decision Maker: Cabinet (Resources) Panel

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To approve the open market disposal strategy and the declaration of assets as surplus to requirement.

Decisions:

Councillor Peter Bilson presented the report on proposals to declare assets surplus to Council requirements, and on the disposal strategy for each asset.  The proposals would generate capital receipts and revenue efficiencies through the reduction in the annual running costs and maintenance spend. Sale of the surplus assets would also provide purchasers with the opportunity to bring the buildings back into beneficial use thereby improving the local community and environment.

Resolved:

1.     That the following assets be declared surplus to requirements:

·         1 School Cottage, Marsh Lane

·         2 School Cottage, Marsh Lane

·         Former Windmill Community Centre, Windmill Lane

·         EKTA Centre, Penn Road

·         Former Woden Primary caretaker’s house, 127 Springfield Road

·         The Wergs, Danescourt Road

 

2.     That the disposal of the assets listed via the open market disposal methods of either auction or informal tender upon terms and conditions to be agreed be approved.

Report author: Julia Nock

Publication date: 15/11/2017

Date of decision: 14/11/2017

Decided at meeting: 14/11/2017 - Cabinet (Resources) Panel

Effective from: 22/11/2017

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