F S514 Capital Update and Property Disposals And Acquisitions Report

December 15, 2025 Cabinet (Cabinet collective) Key decision Unknown View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to facilitate financial management, the Cabinet noted s106 schemes, authorized negotiations for asset disposals, approved a change in accounting policy, and approved two freehold acquisitions for temporary accommodation, delegating authority for commercial terms and documentation to relevant directors.

Full council record
Purpose

To facilitate financial management and control
of the Council's finances.

Initial date added to Forward Plan: 11 April 2025

Content

RESOLVED:
 
3.1  To note the s106
schemes outlined in section 11 and summarised
below.
 

S106

2025/26
£'000

Capital

141

Total S106 Capital for Noting

141

 
3.2  That the Group
Director Finance & Corporate Resources be authorised to enter
into negotiations for the disposal of Council assets. This
authorisation is limited to negotiation; final approval for
disposals remains with Cabinet, except where otherwise permitted by
the current Scheme of Delegation.
 
3.3  To note the
implementation and rationale for the change in accounting
policy as set out in Section 13.
 
3.4  To approve two
freehold acquisitions to provide up to 174 temporary
accommodation units funded from the
existing temporary
accommodation budget, see exempt
Appendix 1.
 
3.5  To delegate
authority to the Group Director of Finance & Corporate
Resources to agree all commercial
terms of the two temporary
accommodation acquisitions.
 
3.6  To delegate
authority to the Director of Legal, Democratic and
Electoral Services to settle, agree
and enter into all documentation
necessary for the two temporary
accommodation transactions.

Related Meeting

Cabinet - Monday 15 December 2025 6.00 pm on December 15, 2025

Supporting Documents

Dec 2025 Capital Update Property Disposal Acquisition Report.pdf

Details

OutcomeImplemented
Decision date15 Dec 2025