Decision
Asset Disposal EXE24-055
Decision Maker: Executive
Outcome: Recommendations Approved
Is Key Decision?: Yes
Is Callable In?: Yes
Date of Decision: November 14, 2024
Purpose: To agree an asset sale.
Content: The Executive Resolved That (i) following a competitive open market disposal process, the sites be sold freehold to the successful selected bidder; and (ii) authority be delegated to the Strategic Director - Communities, in consultation with the Portfolio Holder for Housing and the Director of Legal and Democratic Services, to complete the sale. Reason: To enable the continuation of the Sheerwater regeneration plan through external investment and to both realise the capital value for reinvestment and to regenerate three derelict/unused sites.
Supporting Documents
Related Meeting
Executive - Thursday, 14th November, 2024 7.00 pm on November 14, 2024