Key Decision on Disposal of Investment Property

October 6, 2025 Property and Investments Executive Sub-Committee (Committee) Key decision Approved View on council website

This 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

...to facilitate the disposal of investment property, they agreed to exclude the press and public from the meeting due to confidential financial information, approved recommendations in confidential appendices, and delegated authority to the Executive Director to finalize sales by March 31, 2026.

Full council record
Content

The Property and Investment Executive
Sub-Committee resolved to:??? 

Agree the case for passing a
resolution under Schedule 12A of the Local Government Act 1972 to
exclude the press and public from the meeting, on the basis that if
they were present during the business to be transacted there would
be a likelihood of disclosure of exempt information, within the
meaning of Schedule 12A to the Local Government Act 1972: Reason:
Information relating to the financial or business affairs of any
particular person (including the authority holding that
information). 

Approve the recommendations set out
in the confidential appendices A and B. 

Delegate authority to make all
necessary arrangements and agreements to conclude the sales by the
31 March 2026 to the Executive Director - Resources, Strategy &
Transformation in consultation with the Lead Member Resources,
Procurement and Performance. 

 

Supporting Documents

Item 5 - KD Disposal of Investment Property.pdf
General Exception Notice.pdf

Details

OutcomeRecommendations Approved
Decision date6 Oct 2025