Issue - decisions

(i)         that approval be given to the disposal of the council’s long leasehold interest of the subject property on the open market for a capital receipt;

(ii)        that approval be given to the Assistant Director of Regeneration and Major Projects (Property and Asset Management) to agree the terms of the disposal, and to agree and approve any offers received in conjunction with the Director of Finance and Corporate Services;

(iii)       that approve the Assistant Director of Regeneration and Major Projects (Property and Asset Management) to agree the most appropriate disposal route, which may include disposal to a special purchaser by private treaty (providing the price finally agreed is at least equal to the best price achievable on the open market) and to instruct the legal department in the matter of the disposal.