Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
The Cabinet agreed to sell part of one of the Council’s commercial assets, identified within the Local Plan & Masterplan and allocated for employment uses, to a third party for a consideration, providing that the consideration is in excess of two independently commissioned Red Book valuations in order to comply with the requirements of S123 of the Local Government Act 1972.
Report author: Andrew Small
Publication date: 15/03/2023
Date of decision: 13/03/2023
Decided at meeting: 13/03/2023 - Cabinet
Effective from: 23/03/2023
Accompanying Documents: