Decision Maker: Cabinet

Outcome: Decision Made

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 26, 2025

Purpose: TWBC are disposing of a property asset via the Open Market but formal Council approval will be required to complete the transaction. 

Content: RESOLVED –   That Cabinet approves the disposal of the asset referred to in this report and the Appendices.   That delegated authority is granted to the Head of Economic Development and Property in consultation with the Director of Finance, Policy and Development, the Monitoring Officer and the Cabinet Member for Finance and Property to negotiate and agree the terms of the disposal.   That the Head of Mid Kent Legal Services is authorised to negotiate and complete all necessary and ancillary legal documentation and formalities to give effect to these recommendations and the disposal of the property.   REASON FOR DECISION: The sale of this property is part of a programme of Asset disposal that would realise a Capital sum for Council funds.