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Cabinet:

 

(i)           
declared the current
Blaenavon Library building situated on
Lion Street surplus to Council requirements and authorised disposal of the Council’s long
leasehold interest in the property;

(ii)         
authorised the Asset Management officer to enter into
exclusive negotiations with the company referred to in this report
for the disposal of the property at market value and, alternatively
to advertise the property on the open market if the exclusive
negotiations with the company are not successful;

(iii)        
granted delegated authority to the Deputy Leader, as executive
portfolio holder for Resources and Governance, to determine all
other matters pertaining to the disposal that require member
approval including the price.

 
REASON
FOR DECISION:                       
As set out in the report.
 
CONSULTATION:                                     
As set out in the report.
 
MEMBERS’ INTERESTS:
                                   
None declared.