Issue - decisions

Cabinet RESOLVED

(1)       To delegate authority to the Corporate Director of Neighbourhoods and Regeneration, in consultation with the relevant Lead Member, to:

(a)       Determine the most suitable disposal strategy for each property listed in this report, including the method of sale, timing, marketing approach, and disposal structure, taking account of the Council’s Property Strategy, market conditions, and the goal of achieving the best consideration.

(b)       Agree on the final terms of each disposal, ensuring compliance with the Council’s statutory obligation to obtain the best consideration reasonably obtainable, and that the terms serve the Council’s overall financial and strategic interests.

(c)        Enter into and finalise all necessary legal agreements, contracts, and ancillary documentation required to give effect to the disposals.

(2)       To note that the net capital receipts, after deducting disposal and associated costs, would be retained within the General Fund and used in accordance with the Council’s Medium Term Financial Strategy and Capital Programme, as outlined in the Financial Implications section of the report.

(3)       Where the land to be disposed of constitutes, or forms part of, public open space, to delegate authority to the Corporate Director of Neighbourhoods and Regeneration to publish notices in a local newspaper for two consecutive weeks in accordance with section 123(2A) of the Local Government Act 1972, and to consider any objections received prior to a final decision being made.

Eligible for call-in: Yes

Deadline for submission of call-in: 6pm on Monday 16 February 2026