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Disposal of 10 Coverdale Road, Cricklewood NW2 4BU

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26/03/2014 - Disposal of 10 Coverdale Road, Cricklewood NW2

(i)         that approval be given to the disposal of the Council’s freehold interest in the subject property on the open market for a capital receipt, which is forecast to be significant given the location and size of the property

(ii)        that the Operational Director of Property and Projects, Regeneration and Growth be authorised to agree the terms of the disposal and the most appropriate disposal route;

(iii)       that subject to approval of the overall capital programme funding position in the Budget Setting Report to be submitted to Members in March 2014, agreement be given to ring-fence the net capital receipt for the acquisition of additional medium-sized family homes for which there is an acute shortage.

 

 


 

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