Purpose

Summary of disposals and approval to
declare sites surplus
 

Content

That
Cabinet,
 

a)   
Note the year end position in respect
of receipts for the financial year

2023/4.

 

b)   
Approve the sale of the freehold
interest of the five assets in Appendix 2 to generate capital
receipts in support of the Council’s capital programme, if
deemed in the best overall interest of the Council.
 

c)   
Authorise the Director of Assets to
dispose of the freehold interest in the assets, or in their absence
the Deputy Chief Executive & Corporate Director of
Resources.
 
Reason for Proposals 

 
To note the year end position in respect of capital receipts for
the financial year 2023/24, and confirm the freehold
interest in the 5 assets can be sold
to generate capital receipts,after a review of the options to
determine how the best overall
interest of the Council can be
achieved.