Property Asset Strategy and Asset Disposals Update

June 29, 2023 Approved View on council website
Full council record
Content

RESOLVED that:
 

1)   
Authority be delegated to the Executive Director of Place, in
consultation with the Portfolio Holder for Assets, Commissioning
& Waste to dispose of the two properties identified in Annex 1
on such terms and through such routes that the Executive Director,
following consultation with the Portfolio Holder, deems appropriate
and in accordance with the relevant statutory requirements
including the need to obtain best consideration and in accordance
with this report;
 

2)   
Authority be delegated to the Executive Director of Place, in
consultation with the Portfolio Holder for Assets, Commissioning
& Waste to finalise terms and enter into agreement to complete
a land swap with the adjoining owner at Ashdown Road Car Park based
on the provisional terms or other such terms Exempt Annex 2 in the
best interests of the Council;
 

3)   
Authority be delegated to the Executive Director of Place, in
consultation with the Portfolio Holder for Assets, Commissioning
& Waste to vary the current contract to enable the Council to
proceed with and complete the disposal of Canbury Place Car Park, and adjacent road, at a
price not less than the revised price specified in Exempt Annex 3
and otherwise in accordance with the provisional terms set out in
the same or such other terms (save as to price as above) which are
in the best interests of the Council.

Supporting Documents

Asset Disposal Pipeline Report - June 2023.pdf
Annex 1 - Asset Disposal Pipeline - Options for Consideration June 2023.pdf

Details

OutcomeRecommendations Approved
Decision date29 Jun 2023
Subject to call-inYes