Issue - meetings
Proposed Sale of Mansfield Street Garage, off Foss Islands Road, York
Meeting: 02/11/2010 - Executive - for meetings from 03/06/00 to 26/04/11 (Item 102)
102 Proposed Sale of Mansfield Street Garage, Foss Islands Road, York 
PDF 81 KB
This report seeks approval to dispose of Mansfield Street Garage to the highest bidder, following an analysis of the bids received.
Additional documents:
- Annex 1 - Sale of Mansfield St Garage, item 102
PDF 104 KB
- Annex 2 Sale of Mansfield St Garage, item 102
PDF 32 KB
- Exempt Annex 3 Sale of Mansfield St Garage , View reasons restricted (102/4)
Decision:
RESOLVED: That offer A, to purchase the property for the figure set out in Annex 1 to the report, be accepted and that the use of the sale proceeds to fund the capital programme be approved, thus generating a revenue saving to the Council.
REASON: In order to obtain the best return on this property, which is no longer required by the Council.
Minutes:
Members considered a report which sought approval to dispose of Mansfield Street Garage to the highest bidder, following an analysis of the bids received.
The property in question had been let by the Council since 1996. In the light of its condition and the current economic climate, a decision had been taken to ask applicants for the lease if they were interested in purchasing the property. Two offers had been received, as set out in exempt Annex 1. Approval was now sought to accept the higher of these offers – offer A.
Having noted the comments of the Labour Group Spokespersons on this item, it was
RESOLVED: That offer A, to purchase the property for the figure set out in Annex 1 to the report, be accepted and that the use of the sale proceeds to fund the capital programme be approved, thus generating a revenue saving to the Council.1
REASON: In order to obtain the best return on this property, which is no longer required by the Council.