Cabinet Members' Items - Report of the Assets and Community Safety Portfolio Holder - A.2 - Freehold Disposal of Redundant Office Site at Weeley
April 11, 2025 Cabinet (Cabinet collective) Awaiting outcome 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
Cabinet decided on 11/04/2025 to no longer pursue negotiations with the current bidder for the former Weeley Council Offices site due to ongoing delays and costs. Cabinet also requested officers explore alternative disposal options and report back.
Full council record
Decision
RESOLVED that Cabinet -
(a) in the light of the ongoing delays and costs, as well as the significant risk of failing to conclude the disposal Option Agreement for the former Weeley Council Offices site, agrees to no longer pursue further negotiations with the current bidder, based on the existing Heads of Terms agreed in April 2023; and
(b) requests Officers explore alternative disposal options and report these back to Cabinet for consideration and further decisions.
Related Meeting
Cabinet - Friday, 11th April, 2025 10.30 am on April 11, 2025
Details
| Decision date | 11 Apr 2025 |
| Effective from | 23 Apr 2025 |
| Subject to call-in | Yes |