Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
RESOLVED:
That the Cabinet:
1. Declares that Mead House, Mead House Lane Hayes UB4 8EW is surplus to requirements, the Property is shown edged red on Plan A.
2. Authorises the sale of the freehold interest in Mead House to Bidder A at the value and terms set out in the report.
3. Declares that if Bidder A does not exchange on the Property within the time agreed, Officers may proceed to dispose of the Property to Bidder B at the value set out in the report.
4. Authorises the appropriation of the Property from Housing Revenue Account to the General Fund.
5. Delegates all future decisions regarding this disposal to Officers, in conjunction with Cabinet Member for Property, Highways & Transport.
Reasons for decision
Cabinet approval was given to the sale of the freehold interest in Mead House in Hayes End.
Alternative options considered and rejected
Alternative options were considered, as set out in the confidential report
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Property, Highways and Transport |
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Expiry date for any scrutiny call-in / date decision can be implemented (if no call-in) |
Cabinet’s decisions can be called in by a majority of the Select Committee by 5pm, Friday 23 February 2024 |
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Officer(s) to action |
James Raven / Julia Thompson |
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Directorate |
Place |
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Classification |
Private - Whilst the Cabinet's decisions above are always made public, the officer report relating to this matter is not because it was considered in the private part of the meeting and contained information relating to the financial or business affairs of any particular person (including the Authority holding that information) and the public interest in withholding the information outweighed the public interest in disclosing it in accordance with Section 100(A) and paragraph 3 of Part 1 of Schedule 12 (A) to the Local Government Act 1972 (as amended). |
Publication date: 16/02/2024
Date of decision: 15/02/2024
Decided at meeting: 15/02/2024 - CABINET
Effective from: 24/02/2024