Decision

Non-Key Decision Report on the Disposal of an Investment Asset

Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: December 10, 2025

Purpose:

Content: The Property and Investments Executive Sub-Committee resolved to:   a.    Pass 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 definition provided by 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)). b.    Approve the recommendations set out in the confidential Appendix c.     Delegate authority to make all necessary arrangements and agreements to conclude the sales by the 31 March 2026 to the Executive Director for Resources, Strategy and Transformation in consultation with the relevant Lead Member and the S151 Officer.

Supporting Documents

Item 8 - NKD Disposal of an Investment Asset - 10.12.25.pdf