Red Clover Gardens Deferred Capital Receipt
February 12, 2026 Corporate Director of Resources (Section 151) (Officer) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...approve the recommendations as provided in Part B, which involve making a payment of £0.500m to secure the transfer of the freehold of Red Clover Gardens (Blocks B, D and E) in lieu of the Deferred Capital Receipt and entering into a settlement agreement with a mutual waiver of claims and a mutual non-disparagement clause.
Full council record
Content
For the reasons set out in the
report, Part B and its appendices, the Corporate Director of
Resources and S151 Officer is
recommended:
1.1
to approve the recommendations as provided in Part
B.
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 12 Feb 2026 |