Content

The Committee resolved to:

1.   
Select Bidder A as the preferred bidder.
 
The Committee resolved to recommend to
Council to:

1.   
Approve the disposal of Ashford Victory Place to Bidder A.

2.   
Delegate authority to the Group Head of Assets in consultation with
the Chair and Vice-Chair of the Business, Infrastructure and Growth
Committee to agree detailed Heads of Terms in respect of the
disposal of Ashford Victory Place with Bidder A.

3.   
Delegate authority to the Group Head Corporate Governance to enter
into any necessary legal documentation to complete the disposal of
Ashford Victory Place to Bidder A.