Appendix 1 contains an exempt schedule as it contains information on the price to be paid by the Developer for the site which is commercially confidential at this stage. The Exempt Annex is NOT FOR PUBLICATION by reason of paragraph 3 of Schedule 12A of Part 1 of the Local Government Act 1972. This is because the information is considered to be commercially confidential as the sale contract has not been completed. The public interest test has been applied to the exempt information and it is considered that the need to retain the information as exempt at this stage outweighs the public interest in disclosing it.
The Cabinet Member, authorised the Executive Director of Resources to release an operational asset and conclude a sale to MedicXGPG Holdings Ltd of land at Craig Street currently used as a car park.
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Wards affected: Central;
Notice of proposed decision first published: 25/03/2012
Decision due: Not before 5th Feb 2014 by Cabinet Member for Resources
Lead member: Councillor David Seaton, Cabinet Member for Finance david.seaton@peterborough.gov.uk
Lead director: Executive Director - Strategic Resources
Department: Corporate Services
Contact: David Gray, Capital Projects Officer Email: david.gray@peterborough.gov.uk Tel: 01733 384531.
Consultation process
Relevant Internal and External Stakeholders and ward councillors.
Relevant Scrutiny Committee: Sustainable Growth and Environment Capital
Meeting Open to Public: N/A