Decision - Disposal of Land at Braypool Lane

RESOLVED:

(1)      That the freehold disposal of the land to the tenant be authorised and that delegated powers be granted to the Executive Director of Economy, Environment & Culture, Assistant Director Property & Design and Head of Legal Services to approve terms and take any necessary steps to facilitate this recommendation; and

(2)      That In recognition of the loss of an opportunity to provide housing on the site, the capital receipt from the land sale should be ring fenced for use towards expenditure on the provision of affordable housing or temporary accommodation for homeless people.