Purpose

The purpose of this report is
to seek approval and delegated authority from Cabinet to bring
forward the latest proposed Capital Receipts Schedule for 2025/26
in alignment with the Council’s approved budget and Capital
Strategy. It also updates on past disposal performance.
 
Background papers;

                     
i.   

Surplus Property Disposals 2023/24

                   
ii.   

Asset Review November 2023

                  
iii.   

Surplus Property Disposals January
2025
 

Content

RESOLVED –
 

1)   
That approval be given to the disposal of the land and property
within the Supplementary Capital Receipts Schedule 2025/2026 to
support the Council’s income targets.

2)   
That authority be delegated to the Executive Director for Place in
consultation with the Portfolio Holder for Finance and
Regeneration, to negotiate and agree terms and complete the sales
of any land and property identified within the Supplementary
Capital Receipts Schedule 2025/2026.

3)   
That, having considered and dismissed the objection to the disposal
of public open space, approval be given to the disposal of the land
at Grasscroft, Almondbury, shown edged
red on the plan at Appendix B of the considered report.

4)   
That authority be delegated to the Executive Director for Place to
negotiate and agree terms and complete the sale of the land at
Grasscroft, Almondbury.

5)   
That authority be delegated to the Service Director – Legal,
Governance and Commissioning to enter into all agreements necessary
to effect any of the disposals approved
in (1) and (3).

6)   
That the highway improvement lines as shown in the plan at Appendix
C and as identified in paragraphs 2.20 - 2.22 of the considered
report be revoked.