Decision
ADOPTION OF THE PROPERTY DISPOSAL POLICY
Decision Maker: Cabinet
Outcome:
Is Key Decision?: No
Is Callable In?: No
Date of Decision: January 20, 2026
Purpose:
Content: RECOMMENDED: Cabinet resolves to recommend to Full Council the adoption of the Property Disposal Policy with the following amendments (in bold below): Paragraph 3, section 9 to read: Potential disposals should be discussed with the portfolio holder, ward members, parish councils and any other community representatives, relevant to where the land/property is located, at an early stage unless circumstances require expedient and/or greater levels of discretion in the best interests of the Council. Paragraph 4, section 8 to read: They provide no real social value to the Borough community at large and where it only provides a benefit that is disproportionate to the opportunity cost of the capital tied up in the asset and/or where the social value is highly likely to continue after a disposal. REASON FOR DECISION: There is currently no formal policy in place.
Related Meeting
Cabinet - Tuesday, 20th January, 2026 6.00 pm on January 20, 2026