Decision details

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:


Background Documents:

Peterborough City Council – Medium Term Financial Strategy 2017/18


Urgent item?: Yes

Publication date: 28/02/2018

Date of decision: 28/02/2018

Accompanying Documents: