The Cabinet Member:
Noted that the Council is seeking to deliver Capital Receipts from the sale of Greenwood House, South Parade which is surplus to requirements, in order to support the Council’s Medium Term Financial Plan (MTFP)
Noted that officers have complied with Council rules on asset disposals and that the property is allocated for disposal in the financial year (FY)2014/15 Capital Receipts Programme; and
Authorised John Harrison, Corporate Director: Resources, to delegate authority to Jonathan Lewis, Service Director – Education, People Resources and Corporate Property to negotiate terms up to £500,000 and to complete the sale of the property by private treaty or public auction.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 21/02/2014
Decision due: March 2015 by Cabinet Member for Resources
Lead member: Cabinet Member for Resources
Lead director: Executive Director Corporate Services
Department: Corporate Services
Contact: Simon Webber, Strategic Projects Officer Email: simon.webber@peterborough.gov.uk; Tel: 01733 384545 Email: simon.webber@peterborough.gov.uk Tel: 01733 384545.
Consultation process
Relevant internal and external stakeholders.
Relevant Scrutiny Committee: Sustainable Growth and Environment Capital
Meeting Open to Public: N/A