Decision

The Property and Investment Executive Sub-Committee agreed to:

a.    Pass 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 definition provided by Paragraph 3, 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 sales by 31st March 2027 to the Executive Director for Resources, Strategy and Transformation and the S151 Officer in consultation with the Lead Member for Finance, Procurement & Performance.