Issue - meetings

To approve the proposed Schedule of Disposals in order to meet capital receipts targets.

Please note: this report contains both exempt and non-exempt

information.

To discuss the exempt information detailed in the appendices to

the published report, consideration must first be given to whether

the public and press should be excluded from the meeting b

passing the following resolution:-

In accordance with Regulation 4 (2)(b) of the Local Authorities

(Executive Arrangements) (Meetings and Access to Information)

(England) Regulations 2012, consideration must be given to

confirm whether members of the public and press should be

excluded from the meeting for this item of business because it is

likely that, if present there would be disclosure to them of exempt

information as defined in Paragraph 3 of Part 1 of Schedule 12 A

to the Act, and the public interest in withholding the information

outweighs the public interest in disclosing the information to the

public.

Cllr Lynden Stowe, sought Cabinet approval for the proposed Schedule of Disposals in order to meet capital receipts targets.

Having considered all of the information, Cabinet noted the report and

RESOLVED to:

1. Confirm that those sites described at Appendix A (Exempt) which have

previously been declared surplus by Cabinet in March 2022 and not yet

disposed of, continue to be declared surplus to requirements.

2. Delegate authority to the Assistant Director – Asset Management and

Property Services to dispose of these sites in consultation with the

Deputy Leader/Cabinet Member for Finance and Change and Council’s

Chief Financial Officer.

Cllr Lynden Stowe, sought Cabinet approval for the proposed Schedule of Disposals in order to meet capital receipts targets.

Cabinet were being asked to approve the Schedule of Disposals Appendix A (Exempt) which was previously declared surplus by Cabinet in March 2022, and confirmed that those sites not yet disposed of remained surplus to requirements

Prior to the discussion, members were advised that, should Cabinet wish to discuss the contents of the exempt information reported at Appendix A of the report, consideration would need to be given as to whether the press and public should be excluded from the meeting in accordance with Regulation 4(2)(b) of the Local Authorities (Executive Arrangements) (Meetings and Access to Information) (England) Regulations 2012.

Cabinet agreed to consider this item without having to refer to the exempt information.

Approval of the Schedule of Disposals and the declaration of these sites as surplus to requirements, would deliver future capital receipts.

Capital receipts received and sales agreed to date for 2022/23 currently totalled £2.106 million with further sales being negotiated.

Capital receipts generated from the disposal of property would be used for overall financing of the capital programme. Without those receipts the cost of borrowing would go up and the council would incur additional revenue costs.

Having considered all of the information, Cabinet noted the report and

RESOLVED to:

1. Confirm that those sites described at Appendix A (Exempt) which have

previously been declared surplus by Cabinet in March 2022 and not yet

disposed of, continue to be declared surplus to requirements.

2. Delegate authority to the Assistant Director – Asset Management and

Property Services to dispose of these sites in consultation with the

Deputy Leader/Cabinet Member for Finance and Change and Council’s

Chief Financial Officer.