Issue - decisions

(i)  to approve the principle of the disposal of the Council’s freehold investment at 182 High Street

(ii)  to approve the disposal to the preferred bidder following consultation with the Cabinet Member for Resources at not less than the minimum price set out in the confidential appendix, and to subsequently negotiate and carry out all ancillary matters to enable disposal of the sites.

(iii)  that the Head of Legal, HR and Democratic Services be authorised to enter into any legal documentation necessary in respect of the disposal.

(iv)  to note that the estimated value of the capital receipt from this disposal has already been built into the funding of the capital programme. Any receipt that differs from the estimates will need to be considered corporately as part of any future prioritisation of resources.