Decision details
Wellington Street & Dickens Street Car Parks Disposal – OCT23/CAB/48
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Car park disposals
Decision:
Cabinet considered the report and RESOLVED to:
1. Approve the disposal of the former Dickens Street and Wellington Street car parks.
2. Delegates authority to the Executive Director for Corporate Services, in consultation with the Executive Director for Place and Economy, the Interim Director of Legal and Governance, and the Cabinet Member for Legal, Finance and Corporate Services to take all necessary steps to facilitate the decision in Recommendation 1, including completing due diligence, approving the final terms of disposal and entering into any necessary agreements.
Reasons for the decision:
The recommendation is put forward to seek approval to dispose of the car parks and to be able to take all necessary steps to facilitate the sale including negotiating with third parties.
Alternative options considered:
To do nothing – This option was discounted as the car parks are currently underutilised. Also, this area of the city is in need of regeneration through new development that benefits new and existing communities.
Publication date: 17/10/2023
Date of decision: 16/10/2023
Effective from: 21/10/2023
Accompanying Documents:
- Disposal of the Dickens Street and Wellington Street Car Parks
PDF 225 KB - The decision will include an exempt annexe. By virtue of paragraph 3, information relating to the financial or business affairs of any particular person (including the authority holding that information).