Purpose

To agree an asset sale.

Content

The Executive
Resolved

That  (i)   
following a competitive open market disposal
process, the site be sold freehold to the recommended bidder;
and

         
(ii)   authority be delegated to
the Strategic Director - Corporate Resources, in consultation with
the Portfolio Holder, to complete the sale.

Reason: To secure the proposed
regeneration of the Triangle Site and to realise the capital value
as part of the current managed site disposal
process.