Reference: D274
Decision Maker: Deputy Chief Executive and Director of Finance
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
To : a)allow Savills to act as marketing
agents for sale of the Council’s land at Teal Close b)approve
finalised confidential Heads of Terms (confidential by virtue of
paragraph 3 of Part 1 of Schedule 12A of the Local Government Act
1972)
That: a) Savills be allowed to act as
marketing agents for sale of the Council’s shown coluored
pink on the attached plan land at Teal Close b) finalised
confidential Heads of Terms are agreed
To allow the Council to take the next step in
selling its land at Teal Close in accordance with the Report to
Cabinet dated 13 November 2014.
An alternative would be to not agree to the
marketing agents or finalised Heads of Terms. As sale on the agreed
terms and with these marketing agents are considered to be the most
beneficial to the Council not agreeing would not be in the
Council’s best interests.
Publication date: 17/12/2014
Date of decision: 17/12/2014
Accompanying Documents: