Issue - meetings
Key Decision Report on Future Investment Property Disposals
Meeting: 10/07/2024 - Property and Investments Executive Sub-Committee (Item 11)
11 Disposal of Investment Property 
PDF 42 KB
Additional documents:
- Item 7 - Disposal of Investment Property, item 11
PDF 99 KB
- CONFIDENTIAL Appendix A to item 7 Investment Property Sales , View reasons restricted (11/3)
- CONFIDENTIAL Appendix B to Item 7 Future Investment Property Sale , View reasons restricted (11/4)
- CONFIDENTIAL Appendix C to item 7 Further Investment Property Sales , View reasons restricted (11/5)
Decision:
Having been duly proposed and seconded, the Property and Investments Executive Sub-Committee agreed:
a. To pass a resolution under Schedule 12A of the Local Government Act 1972 to exclude the press and public from the meeting, on the basis that if they were present during the business to be transacted there would be a likelihood of disclosure of exempt information, within the meaning of Schedule 12A to the Local Government Act 1972:
Reason: Information relating to the financial or business affairs of any particular person (including the authority holding that information).
b. To approve the recommendations set out in the confidential Appendices A, B and C.
c. To delegate authority to make all necessary arrangements and agreements to conclude the sales by the 31 March 2025 to the Service Director for Strategic Assets Management in consultation with the Lead Member for Economic Development, Planning and Assets.
Minutes:
Exclusion of the Press and Public
Having been duly proposed and seconded, the sub-committee proceeded to vote on a proposal to enter confidential session.
Exclusion of the Press and Public
The Executive sub-committee RESOLVED to pass a resolution under Schedule 12A of the Local Government Act 1972 to exclude the press and public from the meeting, on the basis that if they were present during the business to be transacted there would be a likelihood of disclosure of exempt information, within the meaning of Schedule 12A to the Local Government Act 1972.
Disposal of Investment Property
The sub-committee proceeded to discuss this confidential item with officers providing responses as appropriate.
Having been duly proposed and seconded the Property and Investments Executive Sub-Committee proceeded to vote on the recommendations which were agreed unanimously:
a. To approve the recommendations set out in the confidential Appendices A, B and C.
b. To delegate authority to make all necessary arrangements and agreements to conclude the sales by the 31 March 2025 to the Service Director for Strategic Assets Management in consultation with the Lead Member for Economic Development, Planning and Assets.