Decision details

18/00063 - Kings Hill: Phase 3 (Areas 10,11 & 15) Freehold Disposal

Decision Maker: Cabinet Member for Corporate and Democratic Services

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

As Cabinet Member for Corporate and Democratic Services, I agree to:

 

1.    Note the terms of the disposal proposed by the partnership attached in CONFIDENTIAL appendix B and the valuation attached in CONFIDENTIAL appendix C.

 

2.    The Draw-down of land areas 10, 11 and 15 in accordance with the Kings Hill Partnership 1989 and subsequent agreements identified in appendix A of the report corresponding to this decision.

 

3.    Delegate to the Director of Infrastructure, in consultation with the Head of Paid Service and General Counsel, the finalisation of the process for draw down in accordance with the provisions set out in the Kings Hill provisions within the Constitution’s Property Management Protocol and the Kings Hill Partnership Agreement.

Publication date: 11/12/2018

Date of decision: 11/12/2018

Effective from: 19/12/2018

Accompanying Documents: