Decision details

RESOLVED:-

(i)        that the Corporate Asset Manager be authorised to agree and finalise the Heads of Terms and contract details for the proposed disposals, as detailed in the report now submitted;

(ii)       that further reports be submitted on specific disposal proposals for individual sites and properties, following consultations with local Members, the Joint Asset Management Working Group and if necessary the Capital Oversight Board;

(iii)      that the capital receipts in respect of the former school sites be earmarked to the Building Schools for the Future programme as previously agreed; and

(iv)      that the Executive Director Core Services be authorised to complete transactions based on terms agreed, either using in-house resources or through the legal framework agreement which is often used for property transactions, subject to the necessary planning consents being achieved where appropriate.