Decision Maker: Cabinet (Resources) Panel
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
This report sets out a strategy for asset
management and property transactions in the Southside area of the
City Centre.
Councillor Bhupinder Gakhal presented the update report on progress and options for landholdings in the city centre (Southside) currently within the regeneration portfolio.
Resolved:
1. That the Council’s landholdings as detailed in the body of the report be declared as surplus to regeneration requirements and transferred from the Regeneration portfolio to the City Assets portfolio.
2. That authority be delegated to the Cabinet Member for City Assets and Housing, in consultation with Deputy Director of Assets to determine the future disposal method, if applicable.
3. That the current status of regeneration plans and proposals for the Southside area in accordance with previous updates to Cabinet be noted.
4. That the move of responsibility of properties recommended for long term retention from City Development to City Assets be noted.
5. That it be noted that City Assets would manage the disposal process for properties which would not be retained.
Report author: Claire Prince
Publication date: 07/07/2022
Date of decision: 06/07/2022
Decided at meeting: 06/07/2022 - Cabinet (Resources) Panel
Effective from: 12/07/2022