Issue - decisions

Re-categorisation of Investment Properties

 

 

19/12/2011 - Re-categorisation of Investment Properties

  1. To approve the re-categorisation of Investment Property into ‘Strategic Investment Property’ and ‘Managed Investment Property’ as set out in Confidential Appendix 2 to this report.
  2. To increase the delegated authority to the Head of Property and Procurement to approve any potential disposals from the current limit of £50,000 to £300,000.
  3. To increase the delegated authority to the Head of Property and Procurement, following consultation with the Cabinet Member for Resources, Leisure and Culture, to approve any potential disposals from the current limits of £50,000 - £500,000, to new limits of £300,000 - £1,000,000.