Issue - meetings

8 Industrial Sites at Sherwood Road, Aston Fields, Bromsgrove

Meeting: 04/11/2009 - Cabinet (Item 90)

8 Industrial Sites at Sherwood Road, Aston Fields, Bromsgrove

Minutes:

Consideration was given to a report relating to 8 industrial sites off Sherwood Road, Aston Fields, Bromsgrove. Following discussion it was

 

RESOLVED:

(a)       that the freehold of the 8 industrial sites off Sherwood Road, Aston Fields, Bromsgrove be disposed of either by private treaty to the sitting tenant or through a commercial auction with a reserve price as set out in the report; and

(b)       that the proceeds of the sale be placed in an account earmarked for repairs and renovations rather than being utilised for new Capital projects.         

 

(At this point the meeting reverted to public session)