Purpose

Development options for the council owned assets at Carrington Road, Friar Park

Decision

Resolved:-

(1)  that approval is given for an open market disposal of the Carrington Road site as edged red on the plan (excluding any public highway) provided at appendix 1 for development as supported living provision following a marketing exercise to be undertaken by the council’s appointed agent;

(2)  that delegated authority is given to the Executive Director for Place and the Executive Director of Adult Social Care and Health in consultation with the Cabinet Member for Regeneration and Infrastructure and the Cabinet Member for Adult Services, Health and Wellbeing to agree the terms of the disposal of the Carrington Road site as detailed in appendix 1 to the preferred bidder from those bids received;

(3)  that delegated authority is given to the Executive Director for Place and the Executive Director of Adult Social Care and Health in consultation with the Cabinet Member for Regeneration and Infrastructure and the Cabinet Member for Adult Services, Health and Wellbeing to agree the terms of any required lease for the Carrington Road development once completed;

(4) that delegated authority is given to the to the Monitoring Officer and Service Director of Governance to enter into or execute under seal, if necessary, any other related documentation in connection with the freehold disposal of the Carrington Rod site;

(4)  that delegated authority is given to the Monitoring Officer and Service Director of Governance to enter into or execute under seal, if necessary, any other related documentation in connection with the leasing of the Carrington Road site once developed.

* Note that the appropriation of council owned property from the Housing Revenue Account to the General Fund Account as required, will be undertaken by the Executive Director – Place in consultation with the Executive Director – Finance and Transformation in accordance with the authority delegated to Chief Officers to act on such matters. Any amendment to the asset and ownership records will be undertaken and the accounts adjusted accordingly.