Issue - decisions
Options for the Disposal of 29 Castlegate
27/04/2017 - Options for the Disposal of 29 Castlegate
Resolved: That the Executive agrees:
(i) The disposal of the freehold of 29 Castlegate to York Conservation Trust for £431,250;
(ii) To delegate to the Director of Economy and Place, in consultation with the Executive Member for Finance and Performance, to agree the final terms of sale that provide adequate safeguards/controls to the Council to protect the property from future commercial sale.
Reason: To obtain a substantial capital receipt and also considerable social value in enabling disabled access to and the development of an improved leisure and historic attraction in conjunction with the adjoining Fairfax House.