Purpose

To seek approval for the disposal of BCC assets which have been identified by the Estates Strategy Board as being surplus to the Council’s requirements.

Decision

That Cabinet:

1. Approved the transfer of any suitable properties listed in Appendix A2 to the HRA by no later than 31 October 2023 and to dispose of any assets that are outlined in appendix A2 that are not confirmed as viable to transfer to the HRA for market value within the financial year 2023/24.
2. Authorised the Executive Director – Growth and Regeneration in consultation with the Deputy Mayor with responsibility for Finance, Governance and Performance and S151 Officer, to take all steps required for disposal of the assets listed in Appendix A1 and exempt Appendix I, and the confirmed assets listed in Appendix A2 that are not required by the HRA, whilst ensuring best value is obtained for each property.