Decision
Asset Transactions
Decision Maker: Cabinet
Outcome: Recommendations Approved
Is Key Decision?: No
Is Callable In?: No
Date of Decision: December 22, 2025
Purpose:
Content: RESOLVED: Cabinet; 1. Authorised the Assistant Director Assets & Environment in consultation with the Executive Director Resources and Cabinet Member for Finance to dispose of each of the following sites, in each case with the ability to enter into any documents or agreements required to facilitate or enable the proposed transaction: a) Land adjacent Site 11, St James Mill Road, Northampton (Appendix A) b) Fogg Cottages, Milton Malsor (Appendix B) c) 20-20A Sheep Street, Northampton (Appendix C) d) St Lukes Centre and St Lukes Field (Appendix D) – for less than best consideration (nil value transfer), including the authority to consider any objections to the disposal of open space and take a decision whether or not to proceed in light of them. 2. Noted the likely need to re-invest receipts in alternative income-generating assets. REASONS RESOLVED: Specific reasons for decisions in relation to each site are given in the relevant appendices. ALTERNATIVE OPTIONS: The issues and choices in relation to each site are set out in detail in the relevant appendices.
Supporting Documents
Related Meeting
Cabinet - Monday 22nd December 2025 6.00 pm on December 22, 2025