Issue - meetings

 Report by Dr Carlton Brand, Corporate Director.

Councillor Toby Sturgis presented the report which sought approval for officers to add the rural estate property in the Sedgehill area to the list of properties scheduled for disposal on the open market.

Issues highlighted in the course of the presentation and discussion included: the condition of the property; the current use of the property; and whether the investing in the property was preferable to its sale.

Resolved

1.    To declare the rural estate property in Sedgehill area as Surplus so that it can be sold on the open market.

2.    To further delegate specific decisions on the lotting of the property, method of sale, negotiations with outgoing tenants and interim management arrangements to the Associate Director for People and Business in consultation with Cabinet Member for Strategic Planning, Development Management, Strategic Housing, Operational Property and Waste.

Reason for Decision:

To enable the sale of the Council’s rural estate property in the Sedgehill area as Surplus in order to generate capital receipts which will contribute to the

Council’s Capital programme and Treasury Management Plan and to divest the Council of assets which have a high cost repairing liability in relation to their revenue potential.