Issue - meetings

This report sets out progress over the last 4 years in the disposal of surplus Council property assets and seeks specific approval from Members for the dispose of properties at St Anthony’s House and 13/15 Redeness Street.

Resolved:        That Cabinet

i)             Notes the work which is being undertaken to ensure that properties are disposed of to maximize the benefit to the Council from any sale.

ii)            Approves the sale of St Anthony’s House and 13/15 Redeness Street for the capital receipts detailed in confidential Annex B of the report.

Reason:              To support corporate priorities with respect to                   jobs and economic growth and to provide capital receipts to fund the Council’s capital programme.

Consideration was given to a report which detailed progress, over the last four years, in disposing of property assets. An asset review had been undertaken to identify opportunities to generate capital receipts by rationalising and sharing properties to reduce the number of Council owned and occupied properties.

Further information on agreed sales and those in progress were reported together with the methods of obtaining best value from the disposal of Council land and buildings.

Member approval was now sought for the proposed disposal of two Council owned properties, detailed at paragraphs 8 to12 of the report, at Annex A and exempt Annex B:

·        St Anthony’s House, Clarence Street and

·        13/15 Redeness Street, Layerthorpe

As the Council had no requirements for either site and expressions of interest had been received in relation to both, the options available for the disposal of the properties would be to either refuse to sell or put the properties on the open market. 

Following further discussion it was

 Resolved:       That Cabinet

i)             Notes the work which is being undertaken to ensure that properties are disposed of to maximize the benefit to the Council from any sale.

ii)            Approves the sale of St Anthony’s House and 13/15 Redeness Street for the capital receipts detailed in confidential Annex B of the report. ^1.

Reason:              To support corporate priorities with respect to                   jobs and economic growth and to provide capital receipts to fund the Council’s capital programme.