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