Issue - decisions

RESOLVED: That Option A be approved and that the freehold of the Monk Bar Garage site be sold for the best consideration reasonably obtainable, on terms and conditions that are appropriate to achieve a successful sale.

REASON:      To ensure that the development potential of the site is fully utilised and that the maximum capital receipt is obtained to support the capital programme.

                        (ii)        That approval be given to vire £8,250 in lost rent from the provision in the general fund budget to the commercial property rental budget, pro rata, from the date of the sale.

REASON:      To ensure that the integrity of the Property Services budget is maintained, and for good financial purposes.