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Estate Rationalisation – Surplus Asset Disposals
Meeting: 12/07/2022 - Cabinet (Item 12.)
12. Estate Rationalisation – Surplus Asset Disposals 
PDF 546 KB
Additional documents:
- Appendix A - Disposals Schedule ver4, item 12.
PDF 1 MB
- Copy of Copy of Appendix D - Risk Register, item 12.
PDF 80 KB
- Appendix E - Equality Impact Assessment - Estate Rationalisation Surplus Asset Disposals _, item 12.
PDF 687 KB
- 2022-06-09 EcoIA Surplus asset disposals - suggested, item 12.
PDF 371 KB
- Appendix G- Financial and Risk implications - final (004) 2022-07-04, item 12.
PDF 697 KB
Decision:
That Cabinet:
1. Approved the 5 General Fund assets listed in Appendix A be declared surplus to Council requirements and subject to not being suitable for HRA transfer, be disposed of on the open market for the best consideration.
2. Approved, subject to meeting HRA suitability, the appropriation of any of the assets to the HRA as additional housing stock, based on market value.
3. Authorised the Head of Property to place the properties with agents using existing contracts.
4. Authorised the Service Manager or Head of Property in consultation with the Cabinet member City Economy, Finance and Performance, in accordance with the Council’s scheme of delegations, to take all steps required to dispose of the assets or transfer them into the HRA ensuring best value is obtained for each property.