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.


 

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