DECISION

1. To note the contents of this report;

2. To agree that the land and buildings (as shown in the maps in Appendix A) are surplus to requirement;

3. To agree to the disposal of the sites by informal tender;

4. To agree to the sale of the sites on 199 year leases;

5. To note that following a direction given by the Secretary of State on 17 December 2014, prior written agreement will be required from appointed Commissioners before disposing of these properties.

6. To authorise the Corporate Director, Development and Renewal to appoint external agents to support the marketing of the sites;

7. To authorise the Corporate Director, Development and Renewal to accept the best tender return for the sites on conclusion of the marketing exercises; and

8. To authorise the Corporate Director, Development and Renewal, following consultation with the Service Head – Legal Services, to agree the terms and conditions of any agreements required to implement the recommendations above.

9. To agree to proceed with the decision made on 5^th September 2012 to market and dispose of 329 Morville Street.

Action by:

CORPORATE DIRECTOR, DEVELOPMENT AND RENEWAL (A. DALVI)

(Service Head, Corporate Property and Capital Delivery (A. Sutcliffe)

Councillor Alibor Choudhury, Cabinet Member for Resources, introduced the report. He stated that it provided an update following previous discussions but that there were no significant changes.

The Mayor stated that it was important to ensure sites were disposed of when they were no longer required to eliminate the cost of maintaining them and he agreed the recommendations as set out.

RESOLVED

1. To note the contents of this report;

2. To agree that the land and buildings (as shown in the maps in Appendix A) are surplus to requirement;

3. To agree to the disposal of the sites by informal tender;

4. To agree to the sale of the sites on 199 year leases;

5. To note that following a direction given by the Secretary of State on 17 December 2014, prior written agreement will be required from appointed Commissioners before disposing of these properties.

6. To authorise the Corporate Director, Development and Renewal to appoint external agents to support the marketing of the sites;

7. To authorise the Corporate Director, Development and Renewal to accept the best tender return for the sites on conclusion of the marketing exercises; and

8. To authorise the Corporate Director, Development and Renewal, following consultation with the Service Head – Legal Services, to agree the terms and conditions of any agreements required to implement the recommendations above.

9. To agree to proceed with the decision made on 5^th September 2012 to market and dispose of 329 Morville Street.

DECISION

1. To note the contents of this report;

2. To agree that the land and buildings at Whitehorse Road/Commercial Road (as shown in the map in Appendix A) are surplus to requirement;

3. To agree to the disposal of the site by informal tender;

4. To authorise officers to appoint external agents to support the marketing of the site;

5. To authorise the Corporate Director, Development and Renewal to accept the best tender return for the site on conclusion of the marketing exercise; and

6.    To authorise the Corporate Director, Development and Renewal, following consultation with the Service Head – Legal Services, to agree the terms and conditions of any agreements required to implement the recommendations above.

Action by:

CORPORATE DIRECTOR, DEVELOPMENT AND RENEWAL (A. DALVI)

(Service Head, Corporate Property and Capital Delivery (A. Sutcliffe)

Councillor Alibor Choudhury, Cabinet Member for Resources introduced the report relating to the disposal of assets that were surplus to requirement. During discussion, officers confirmed that there was a lot of work to do to prepare the sites for sale and that should Commissioners be appointed, the final decision would be taken to them.

The Mayor agreed the recommendations as set out in the report.

RESOLVED

1. To note the contents of this report;

2. To agree that the land and buildings at Whitehorse Road/Commercial Road (as shown in the map in Appendix A) are surplus to requirement;

3. To agree to the disposal of the site by informal tender;

4. To authorise officers to appoint external agents to support the marketing of the site;

5. To authorise the Corporate Director, Development and Renewal to accept the best tender return for the site on conclusion of the marketing exercise; and

6.    To authorise the Corporate Director, Development and Renewal, following consultation with the Service Head – Legal Services, to agree the terms and conditions of any agreements required to implement the recommendations above.