Decision details

The purpose of this report is to seek approval and delegated authority from Cabinet for bringing forward the latest proposed Capital Receipts Schedule, delivering a targeted level of capital receipts in alignment with the Council’s approved budget and Capital Strategy.

RESOLVED –

1)    That approval be given to the disposal of the land and property within the Capital Receipts Schedule December 2025 as appended to the considered report, to support the Council’s income targets subject to consultation with the Portfolio Holder for Finance and Regeneration.

2)    That authority be delegated to the Executive Director for Place to negotiate and agree terms and complete the sales of any land and property identified within the Capital Receipts Schedule December 2025 to support the Council’s income targets on such terms as officers deem most appropriate.

3)    That authority be delegated to the Service Director – Legal, Governance and Commissioning authority to enter into all agreements necessary to affect any of the disposals.