Issue - decisions

Resolved:  (i)      That the sale of Ashbank to Anchor Housing Trust (Anchor), as the highest net financial bidder, be approved.

                   (ii)      That Bidder 1 be retained as a reserve bidder  and that, should Anchor fail to complete the purchase of Ashbank in a timely manner, authority be delegated to the Director of Economy & Place to agree its disposal to the reserve bidder in their place.

Reason:     To achieve the best financial consideration for the disposal of this surplus asset and enable development on a currently vacant property.