Decision

The Property and Investment Executive Sub-Committee resolved to:

a.    Agree the case for passing a resolution under Schedule 12A of the Local Government Act 1972 to exclude the press and public from the meeting, on the basis that if they were present during the business to be transacted there would be a likelihood of disclosure of exempt information, within the meaning of Schedule 12A to the Local Government Act 1972: Reason: Information relating to the financial or business affairs of any particular person (including the authority holding that information).

b.    Approve the recommendations set out in the confidential appendix A.

c.     Delegate authority to make all necessary arrangements and agreements to conclude the sale by the 31 March 2026 to the Executive Director - Resources, Strategy & Transformation in consultation with the Deputy Leader of the Council and Lead Member for Resources and Performance.