Decision Maker: Cabinet

Outcome: For Determination

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: July 8, 2025

Purpose: Update on disposal of assets and determining assets available for review

Content: Resolved:   That Cabinet:   a)    Notes the progress for capital receipts in the current year.   b)    Approve the sale of the freehold interest of the 4 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 Corporate Director of Resources.   Reasons for Decision:   To note the progress in respect of capital receipts for the financial year 2024/25 and confirm the freehold interest in the 4 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.