Decision details

Recommendations from Cabinet Committee on Asset Disposals

Decision Maker: Cabinet

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

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.

Decision:

Avison Young Appointment to support the Asset Disposals Programme

 

Approved the appointment of Avison Young to support the implementation of the Asset Disposal Strategy for the period 2022 to 2027, and delegate authority to the Executive Director of Housing and Property, in consultation with the S151 officer, and subject to legal advice, to enter into contract with Avison Young for property asset disposal related  support services, at an estimated cost of £3.020m, which will be met from the capital receipts generated from asset disposals.

 

Disposal of Council Asset – Lavender Farm

 

Agreed to the disposal of Lavender Farm and to delegate authority to the Executive Director of Property and Housing, in consultation with the Lead Member for Financial Oversight and Council Assets and the Executive Director of Finance and Commercial, to negotiate the terms of and enter into the contract and other legal documentation in connection with the disposal subject to the terms being consistent with the Heads of Terms appended at Confidential Appendix 3 and the information provided within this report. 

Publication date: 25/11/2022

Date of decision: 21/11/2022

Decided at meeting: 21/11/2022 - Cabinet

Accompanying Documents: