Disposal of Commercial Asset B
July 29, 2026 Corporate Policy and Resources Committee (Committee) Awaiting outcome View on council websiteFull council record
Decision
Committee resolved:
- Not to Agree in principle the offer and the proposed disposal,
- Not to recommend that Council:
- 1 approve the proposed disposal on the terms set out in this report,
- 2 delegate authority to the Chief Finance Officer and Group Head of Assets, in consultation with the Chair and Vice Chair of Corporate Policy and Resources Committee to agree minor variations to the Heads of Terms and adjustments to the sale price; and
- 3 delegate authority to the Group Head of Corporate Governance to enter into a transfer to complete the disposal and any ancillary legal documentation required in relation to the proposed disposal.
Related Meeting
Corporate Policy and Resources Committee - Wednesday, 29 July 2026 - 7.00 pm on July 29, 2026
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 29 Jul 2026 |
| Effective from | 6 Aug 2026 |
| Subject to call-in | Yes |