Decision

Asset Disposal

Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: November 19, 2024

Purpose:

Content: RESOLVED: Cabinet; 1.     Authorised the Assistant Director Assets & Environment in consultation with Executive Director Finance and Finance Portfolio Holder to dispose of each of the following sites, in each case with the ability to enter into any documents or agreements useful to facilitate or enable the proposed transactions.        i.          Former Bolton House, Wootton Hall Park, Northampton.       ii.          Ridgeway House, Towcester.     iii.          Land at Dallington Grange, Northampton.     iv.          The brownfield site described in the confidential appendix.      v.          123 Watling Street Towcester (part of the Riverside Resource Centre site).     vi.          Welford Pocket Park, Welford, to Welford Parish Council for less than best consideration (nil value transfer), including the authority to consider any objections to the disposal and take decision whether or not to proceed in the light of them.   vii.          Stonepit Open Space, Northampton to East Hunsbury Parish Council, for less than best consideration (market value for the proposed parking spaces only), including the authority to consider any objections to the disposal and take a decision whether or not to proceed in the light of them.   2.     That once the Adults service use of the building has come to an end, the Riverside Resource Centre, Towcester (except 123 Watling Street) be classified as a building for community use and the Council’s Policy on the Use of Property by Voluntary, Community, Social Enterprise, and Faith Group use of Property applied (which will result in a less than best consideration (nil value) disposal by leasehold).   REASONS RESOLVED: Specific reasons for decisions in relation to each site are given in the relevant appendices.   ALTERNATIVE OPTIONS: Can be found in the relevant appendices.

Supporting Documents

Asset Disposal.pdf

Related Meeting

Cabinet - Tuesday 19th November 2024 6.30 pm on November 19, 2024