Issue - meetings

*Property Auction Sales

Meeting: 15/04/2014 - Cabinet (Item 108)

108 *Property Auction Sales pdf icon PDF 38 KB

Report of the Cabinet Member for Resources detailing proposals for the sale of surplus properties by way of auction, attached.

Additional documents:

Minutes:

DECISION MADE: (Ref: CAB 13/14 12432 )

On consideration of the report of the Cabinet Member for Resources, Cabinet agreed the following:

 

(i)  To approve the principle of the sale by auction of:

·  Former Derby Road Contact Centre, 169-193 Derby Road

·  Former Bitterne Family Centre, 46 Peartree Avenue

·  Former Forest View Family Centre,1 Sutherland Road

(ii)  Delegate authority to the Head of Property and Procurement to approve the reserve prices

(iii)  To confirm that the appointed auctioneer be authorised to sign the contract for sale immediately after the auction

(iv)  To authorise the Head of Property and Procurement to undertake all ancillary matters to give effect to this resolution

(v)  To note the estimated value of the capital receipt from these disposals has already been built into the funding of the capital programme. Any receipts that differ from the estimates will need to be considered corporately as part of any future prioritisation of resources.