Issue - meetings

(Cabinet Member with Special Responsibility Councillor Hamilton-Cox)

Report of the Head of Resources

(Cabinet Member with Special Responsibility Councillor Hamilton-Cox)

Cabinet received a report from the Head of Resources which was exempt from publication by virtue of paragraph 3 of Schedule 12A of the Local Government Act 1972.

The options, options analysis, including risk assessment and officer preferred option, were set out in the exempt report.

Councillor Hamilton-Cox proposed, seconded by Councillor Barry:-

“(1)      That the recommendations, as set out in the exempt report be approved.”

Councillors then voted:-

Resolved unanimously:

(1)               That the land off Quernmore Road, Lancaster, as shown on the plan attached to the exempt report, be disposed of on the terms and conditions set out in the exempt report.

(2)               That, in view of the nature of the proposed marketing Cabinet agrees that  delegated authority be given to the Head of Resources (in consultation with the Cabinet Portfolio Holder) to complete the sale, should professional advice support such a course of action, with the outcome being reported back to Cabinet.

Officers responsible for effecting the decision:

Head of Resources

Reasons for making the decision:

The Corporate Property Strategy requires that the Council review its asset base and only retain those assets required to meet its agreed objectives and priorities. Where assets are not required for this purpose they should be disposed of at best value. This is an opportunistic sale, allowing the Council to improve the management of its assets.