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(1) That approval be given to the marketing the Sons of Rest
Building, Victoria Park, Smethwick to accept expressions of
interest in relation to the potential for Community Asset Transfer
(CAT);
 
(2)That subject to
suitable expressions of interest being received and receipt of a
suitable business plan:
 
 
(a)   
that authority be given to the Monitoring Officer,
Assistant Director of Legal and Assurance to dispose of the
property, on terms and conditions to be agreed by the Executive
Director - Place in consultation with the Cabinet Member for
Neighbourhoods and Community and the Cabinet Member for
Regeneration and Infrastructure;
 
(b)   
that authority be given to the Assistant Director of
Legal and Assurance to enter into or execute under seal, if
necessary, any other related documentation in connection with the
leasehold disposal of the site.
 
(3)That subject to
no suitable expression of interest or subsequent business plan
being received following a defined advertising period, authority be
granted for the open market disposal (leasehold) of the Sons of
Rest Building, Victoria Park, Smethwick via the most appropriate
mechanism;
 
(4)That subject to
recommendation 1.3 being approved:

(a) 
that approval be given to negotiate and agree a
disposal of the leasehold to the preferred bidder from those bids
received;

(b) 
that authority be given to the Assistant Director of
Legal and Assurance to dispose of the property, on terms and
conditions to be agreed by the Executive Director - Place in
consultation with the Cabinet Member for Neighbourhoods and
Community and the Cabinet Member for Regeneration and
Infrastructure;
 
(c)    
that authority be given to the Assistant Director of
Legal and Assurance to enter into or execute under seal, if
necessary, any other related documentation in connection with the
leasehold disposal of the site.