Disposal of freehold in North West of the City - FEB18/CMDN/110
Decision Maker: Cabinet Member for Resources
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
The Cabinet Member’s approval has been obtained to delegate authority to the Corporate Director of Growth and Regeneration to sell the property.
With the approval of the Chairman of the Growth, Environment and Resources Scrutiny Committee Special Urgency and waiver of call-in procedures have been invoked to suspend the requirement to publish the decision for 5 days prior to publication, and to suspend the 3 day call-in period.
Reasons for the decision:
To contribute to proceeds of the disposal to the capital receipt income for the Council
Alternative options considered:
The building is currently leased out and the Council could continue to hold on this basis.
Interests and Nature of Interests Declared:
Peterborough City Council – Medium Term Financial Strategy 2017/18
Urgent item?: Yes
Publication date: 28/02/2018
Date of decision: 28/02/2018