Decision details

To consider any recommendations from the Cabinet Committee in relation to asset disposals, expected to include:

·  Lavender Farm;

·  Avison Young Phase II appointment;

·  Halfords lease renewal;

·  Issue paper on workplace accommodation strategy.

(a)  Agreed the Asset Disposals Strategy set out at Appendix 1.

(b)  Approved the declaration of the assets listed in Appendix 4 as surplus and to delegate authority to the Executive Director of Housing and Property, in consultation with the appropriate lead member and the Executive Director of Finance and Commercial, to market these assets for disposal, subject to:

i. The removal of 2 Victoria Street and 34 Herschel Street from the list of assets declared surplus.

(c)  Delegate authority to the Executive Director of Housing and Property, in consultation with the Lead Member for Financial Oversight & Council Assets and the Lead Member for Housing & Planning, to determine whether 2 Victoria Street and 34 Herschel Street should be declared surplus and to commence marketing.

(d)  Approved the proposed Asset Disposals Programme budget.