Authority to Dispose of Assets by Sale
February 11, 2025 Executive (Other) Key decision Awaiting outcome View on council websiteFull council record
Decision
(A) in order to expedite the disposal of the Northgate End residential and commercial block, the entire freehold be sold to a sole purchaser with authority to complete the disposal for best consideration delegated to the Head of Housing, Health and Property;
(B) the freehold of Layston Court Gardens, Buntingford be disposed of for best consideration, having regard to the council’s chartered surveyor’s valuation, removal of revenue liabilities the safeguarding the council’s interests in decisions over future use, to Buntingford Town Council with authority to complete the disposal delegated to the Head of Housing, Health and Property;
(C) the freehold of land at West Street (known as Hertford Football Club) be disposed of to the existing long leaseholder, subject to an acceptable disposal price and terms being negotiated, having regard to an independent valuation to which both parties would consent, the removal of revenue liabilities for the council and the safeguarding the council’s interests in decisions over future use, with authority to proceed to disposal with the negotiated price and terms delegated to the Executive Member for Financial Sustainability, acting in consultation with to the Head of Housing, Health and Property.
Related Meeting
Executive - Tuesday 11th February, 2025 7.00 pm on February 11, 2025
Details
| Outcome | For Determination |
| Decision date | 11 Feb 2025 |
| Effective from | 20 Feb 2025 |
| Subject to call-in | Yes |