Issue - meetings

Property Disposal Update

Meeting: 09/06/2015 - Policy & Performance Advisory Committee (Item 10)

10 Property Disposal Update pdf icon PDF 44 KB

Reason for Urgency:

 

Decisions are required which if not made at the next meeting of Cabinet will significantly delay the completion of asset disposals and the generation of capital receipts and investment income.

 

Additional documents:

Minutes:

The Head of Economic Development & Property presented a report which updated Members on the disposal of surplus property assets and sought approval to revised disposal strategies in respect of two properties and approval to dispose of a further property.

 

It was moved by the Chairman and

 

Resolved:  That, under section 100A(4) of the Local Government Act 1972, the public be excluded from the meeting during consideration of Appendix A to the report, on the ground that likely disclosure of exempt information was involved as defined by paragraph 3 (Information relating to the financial or business affairs of any particular person (including the authority holding that information)) as identified in Schedule 12A to the Local Government Act 1972.

 

Officers tabled further exempt information related to the proposed disposals.

 

(Cllr. Maskell left the room for the consideration of Land at Croft Road, Westerham and for the vote on whole item).

 

Members discussed the options detailed in the confidential appendix and it was

 

Resolved: That it be recommended to Cabinet that

 

a)            delegated authority be given to the Portfolio Holder for Policy & Performance in consultation with the Head of Economic Development and Property to approve the terms of a disposal of land at Croft Road, Westerham following the bidding process;

 

b)            delegated authority be given to the Portfolio Holder for Policy & Performance in consultation with the Head of Economic Development and Property to approve the terms of a disposal of land at Knole Way, Sevenoaks following the bidding process;

 

c)             subject to the preference of the Policy & Performance Advisory Committee for option 3 in Appendix A to the report, Cabinet consider the options for the disposal of Woodland at Hever Avenue, West Kingsdown set out in the exempt Appendix A;

 

d)            subject to the preference of the Policy & Performance Advisory Committee for option 3 in Appendix A to the report, Cabinet consider the options for disposal of land at Timberden Farm, Shoreham set out in the exempt Appendix A;

 

e)             an initial budget of £20,000 from Capital Reserves be approved to appoint architects to prepared development options for the Bevan Place Car Park/Swanley Working Men’s Club/16 High Street site; and

 

f)              a budget of £61,000 from Capital Reserves be approved to enhance the value of sites at: Timberden Farm, Shoreham; Hever Avenue, West Kingsdown; and Knole Way, Sevenoaks prior to disposal

 


 

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