DECISION

1. To note the contents of this report;

2. To agree that the land and buildings referred to below (as shown on the plans in Appendix A) are surplus to requirements:

a.    Cheviot House, 227 to 233 Commercial Road

b.    60 Southern Grove

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

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

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

6. To authorise the Corporate Director, Development and Renewal to accept the best tender returns for the sites on conclusion of the marketing exercise; and

7.    To authorise the Corporate Director, Development and Renewal, following consultation with the Director of Law Probity and Governance, 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)