Additional documents:
Decision:
1. That the 150 year long leasehold disposal of the Upper Brook Street car park to the preferred purchaser be approved.
2. That authority be delegated to the Strategic Director – Place, in consultation with the Cabinet Member for Housing and Asset Management, final negotiation and sale based on the draft heads of terms in exempt appendix 3 of report CAB3277 and for the Service Lead Legal to prepare, agree and enter in to all the relevant and necessary agreements.
Minutes:
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Councillor Learney introduced the report and highlighted the complexities involved in developing new medical facilities. The proposal was for a long leasehold disposal and the preferred purchaser was a long term holder of medical facilities.
At the invitation of the Leader, Councillor Lumby addressed Cabinet as summarised briefly below.
Thanked officers in the Council’s Legal and Estates teams for answering his queries, including on the exempt appendices, and he did not require further questions or statements in the exempt session. Supported the proposals as set out in the report, and in particular that the disposal was via long leasehold, which he believed protected the Council’s assets and as such, would be appropriate for other forthcoming disposals in relation to Central Winchester regeneration. Noted that further work was required before the proposal could be finalised and asked that this be completed as soon as possible.
Cabinet Members confirmed that they had fully considered the contents of the two exempt appendices and did not wish to ask any questions of have any debate thereon. Consequently, there was no need to move into exempt session prior to consideration of the report’s recommendations.
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Cabinet agreed the following for the reasons set out above and outlined in the report.
RESOLVED:
RESOLVED:
1. That the 150 year long leasehold disposal of the Upper Brook Street car park to the preferred purchaser be approved.
2. That authority be delegated to the Strategic Director – Place, in consultation with the Cabinet Member for Housing and Asset Management, to conclude final negotiations and sale based on the draft heads of terms in exempt appendix 3 of the report and for the Service Lead Legal to prepare, agree and enter in to all the relevant and necessary agreements.