Decision

F S514 Capital Update and Property Disposals And Acquisitions Report

Decision Maker: Cabinet

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: December 15, 2025

Purpose: To facilitate financial management and control of the Council's finances. Initial date added to Forward Plan: 11 April 2025

Content: RESOLVED:   3.1  To note the s106 schemes outlined in section 11 and summarised below.   S106 2025/26 £'000 Capital 141 Total S106 Capital for Noting 141   3.2  That the Group Director Finance & Corporate Resources be authorised to enter into negotiations for the disposal of Council assets. This authorisation is limited to negotiation; final approval for disposals remains with Cabinet, except where otherwise permitted by the current Scheme of Delegation.   3.3  To note the implementation and rationale for the change in accounting policy as set out in Section 13.   3.4  To approve two freehold acquisitions to provide up to 174 temporary accommodation units funded from the existing temporary accommodation budget, see exempt Appendix 1.   3.5  To delegate authority to the Group Director of Finance & Corporate Resources to agree all commercial terms of the two temporary accommodation acquisitions.   3.6  To delegate authority to the Director of Legal, Democratic and Electoral Services to settle, agree and enter into all documentation necessary for the two temporary accommodation transactions.

Supporting Documents

Dec 2025 Capital Update Property Disposal Acquisition Report.pdf

Related Meeting

Cabinet - Monday 15 December 2025 6.00 pm on December 15, 2025