Decision - Disposal of 18 Market Street
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Decision details
Disposal of 18 Market Street
Decision Maker: Policy & Resources Committee (pre 2015)
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Purpose:
Proposed disposal of 2 properties from the
investment portfolio to identified special interest purchasers for
capital receipts which may be used, subject to a further report to
committee, for reinvestment to provide an ongoing income
stream.
Decision:
1) That the Committee authorise the disposal of 18 Market Street to the purchaser identified at the sale price agreed.
2) That the Committee note that the capital receipt received may be used for reinvestment to provide an ongoing income stream to support the council’s Corporate Plan and Medium Term Financial Strategy and this will be subject to a future report to this Committee.
Report author: Jessica Hamilton
Publication date: 11/07/2014
Date of decision: 11/07/2014
Decided at meeting: 11/07/2014 - Policy & Resources Committee (pre 2015)
Effective from: 15/07/2014
Accompanying Documents:
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