Decision details

Authority to dispose of property

RESOLVED:  That

(1)               the land and properties detailed in the report and at Appendix 1 be declared as surplus; 

(2)               the financial implications and projected sale prices detailed in Appendix 1 be noted;

(3)               the Corporate Director Place Shaping, in consultation with the Portfolio Holder for Property and Major Contracts, be authorised to take all action necessary, including capital expenditure on 429/433 Pinner Road, to dispose of the Council’s interest in the land and properties detailed in the report for the best consideration that can reasonably be obtained.

Reason for Decision:  To generate significant capital receipts for the Council, provide revenue savings and reduce back log maintenance, thereby fulfilling the objectives of the Place Shaping and Property Transformation Work Stream.