Non-key Decision Report on an Investment Asset
October 6, 2025 Property and Investments Executive Sub-Committee (Committee) Approved View on council websiteThis 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 the disposal of an investment asset, the Sub-Committee agreed to keep Appendix A confidential, approved its recommendations, and delegated authority to the Executive Director for Resources, Strategy and Transformation to conclude sales by March 31, 2026.
Full council record
Content
The Property and Investment Executive
Sub-Committee resolved to:
Agree the case for applying the
exempt information provision as set out in the Local Government Act
1972, Schedule 12A and therefore to treat the attached confidential
Appendix A in confidence, as it contains commercially sensitive
information, and as the case for the public interest in maintaining
the exemption outweighs the public interest in disclosing that
information.: Reason: Information relating to the financial or
business affairs of any particular person (including the authority
holding that information).
Approve the recommendations set out
in the confidential Appendix A.
Continue to delegate authority to
make all necessary arrangements and agreements to conclude sales by
the 31 March 2026 to the Executive Director for Resources, Strategy
and Transformation in consultation with the Lead Member Resources,
Procurement and Performance and the S151 Officer.
Related Meeting
Extraordinary Meeting, Property and Investments Executive Sub-Committee - Monday, 6th October, 2025 10.00 am on October 6, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 6 Oct 2025 |