The Cabinet Member:
1. Approved to dispose of Whitworth Mill for £900,000
2. Approved associated surveying costs of £14,000 + VAT
Decision type: Key
Reason Key: Expenditure or savings greater than £500,000;
Decision status: Recommendations Approved
Wards affected: Fletton and Stanground;
Notice of proposed decision first published: 28/08/2020
This decision will be taken under urgency procedures.
Reason for urgency:
With the approval of the Chairman of the Growth and Regeneration Scrutiny Committee, special urgency procedure, and waiver of call-in procedure have been invoked to suspend the requirement to publish the decision for five days, and to subject the decision to a three day call-in period. These procedures have been invoked because there is a limited time to exchange of contracts which needs to take place within the next week and the standard process could potentially mean losing this deal.
Decision due: March 2021 by Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead member: Cabinet Member for Strategic Planning and Commercial Strategy and Investments
Lead director: Executive Director Place and Economy
Department: Primary Care Trust
Contact: Dave Anderson, Interim Development Director Dave Anderson - Interim Development Director, Tel: 07810 839657 Email: Dave.Anderson@peterborough.gov.uk.
Relevant internal and external
The proposal to dispose of the property was subject to an open market bidding process from November 2019 to January 2020.
Relevant Scrutiny Committee: Growth, Environment and Resources Scrutiny Committee