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Assets to be declared surplus

Meeting: 17/01/2017 - Cabinet Capital Assets Committee (Item 70)

70 Assets to be declared surplus

 Report by Dr Carlton Brand, Corporate Director.

 

Supporting documents:

Minutes:

Cllr Fleur de Rhé-Philipe presented the report which asked the meeting to consider whether to declare seven assets surplus and authorise their sale at or above market value.

 

The Leader invited any additional questions regarding the specific assets.

In response to a question from Councillor Chris Caswill, Councillor Fleur de Rhé-Philipe stated that the decision today was to place sites on the surplus list, and that any subsequent decision to sell any of the sites would be subject to the normal due diligence procedures at which time further consultation. Furthermore, if the land with the cycle track was to be sold, it would remain a public right of way and any decision to alter this would remain with the Council as Highways Authority.

 

In response to questions from Councillor Alan Macrae and Andrew Hall, the Leader stated that officers were reviewing the status of the Martingate asset and would be in touch with parties in due course. Mr Hall further reiterated his company’s commitment to refurbishing the site, and maintaining the car park, but stated that this would only be possible if they owned the freehold.

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Resolved

 

1.    That members declare the seven assets listed in the report as assets held for sale.

 

2.    To authorise the Associate Director for People and Business, in consultation with the Cabinet Member for Economic Development, Skills, Strategic Transport and Strategic Property and the Cabinet Member for Finance, to dispose of the assets at or above market value.

 

Reason for Decision:

 

To declare assets surplus so that they can be sold in order to generate capital

receipts in support of the council’s capital programme.