Issue - decisions

(i)  To approve the principle of the sale of Bedford House by auction.

(ii)  To approve the reserve price set out in Confidential Appendix 2.

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

(iv)  To note 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.

(v)  Should the reserve price be met that the Head of Property, Procurement and Contract Management be authorised to proceed with and take all ancillary action to secure the sale.