Decision details
Amber House & Workshop, Galmanhoe Lane - Freehold Disposal
Decision Maker: Executive - for meetings from 03/06/00 to 26/04/11
Decision status: Decision Made (subject to call-in)
Is Key decision?: No
Is subject to call in?: No
Purpose:
Report to seek Members' permission for the
freehold disposal of this property.
Decision:
RESOLVED: (i) That Option 1 be approved and that Amber House and the associate workshop be approved for freehold sale by informal tender.
REASON: To obtain a capital receipt, which will support the capital programme.
(ii) That the sale be completed subject to the granting of outline planning consent for residential development.
(iii) That the sale only be completed if the best offer is at or above the reserve figure.
REASON: To ensure that best consideration is received for the property.
(iv) That approval be given to vire £6,525 in lost rent from the provision in the general fund budget to the commercial property rental budget, pro rata, from the date of sale.
REASON: In order to compensate the commercial property portfolio budgets from the provision held corporately for this purpose.
Publication date: 14/02/2007
Date of decision: 13/02/2007
Decided at meeting: 13/02/2007 - Executive - for meetings from 03/06/00 to 26/04/11
Accompanying Documents:
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