Decision Maker: Executive Board
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Seeking approval to changes to the approved capital receipt programme and inclusion of additional properties identified as a result of Estate Rationalisation.
Further to Minute No.119, 10th February 2021, the Director of City Development submitted a report which presented an overview of the Council’s Capital Receipt programme, provided an update following the last report in February 2021 and which sought approval of the withdrawal of specific properties from the programme, as detailed.
In considering the report, a Member welcomed the fact that in appropriate circumstances, properties could be removed from the surplus schedule when an alternative use can be found. A Member also welcomed the holistic approach which had been taken by officers in respect of asset management within his Ward, an approach which he encouraged be taken in all Wards citywide.
Following consideration of Appendix B to the submitted report designated as being exempt from publication under the provisions of Access to Information Procedure Rule 10.4(3), which was considered in private at the conclusion of the public part of the meeting, it was
(a) That the contents of the submitted report providing an update on the Capital Receipts Programme, be agreed and approved; and that the schedule of properties outlined in Appendix A also be agreed and approved as the Council’s Capital Receipts Programme of surplus properties for disposal;
(b) That previous Key Decisions which have been taken in relation to the disposal of assets, as set out at paragraph 4 of the submitted report, be noted;
(c) That the progress made and the successes achieved since Executive Board considered the last report on 10 February 2021, be noted;
(d) That the withdrawal of properties from the Capital Receipt Programme, as set out in Appendices A and B to the submitted report, be approved, which will be implemented by the Director of City Development;
(e) That it be noted that a further report will be submitted later in the year relating to the Capital Receipts Programme.
Reason Key: Financial Impact>£500K;
Portfolio Holder: Executive Member for Resources
Other reasons / organisations consulted
Executive Member for Resources
Cross Council Directors
Contact: Mark Mills, Head of Asset Management 0113 378 7718 Email: email@example.com.
Report author: Mark Mills
Publication date: 11/02/2022
Date of decision: 09/02/2022
Decided at meeting: 09/02/2022 - Executive Board
Effective from: 19/02/2022