Issue - items at meetings - Sale of Freehold 76 - 88 Sherwood Road Bromsgrove

Issue - meetings

Sale of Freehold 76 - 88 Sherwood Road Bromsgrove

Meeting: 05/10/2011 - Cabinet (Item 60)

60 Sale of Freehold 76 - 88 Sherwood Road Bromsgrove pdf icon PDF 55 KB

Minutes:

The Cabinet considered a report on the proposed sale of the freehold interest of land at 76-88 Sherwood Road, Bromsgrove with a view to generating a significant capital receipt for use on projects within the community.

 

Members noted the background to this site together with the proposed arrangements for achieving the best market value for the site. Following discussion it was

 

RESOLVED:

(a)       that the sale of the freehold interest of 76-88 Sherwood Road, Bromsgrove be approved and that the sale be undertaken by auction in order to achieve best market value; and

(b)       that in view of the urgency of the matter the decision be not subject to the Council’s call in procedure.