Issue - meetings

Disposal of former West Park sheltered home and garages at Meadow Lane,Dunston.

 

 

Meeting: 23/02/2016 - Cabinet (Item 180)

180 Disposal, in principle, of land and buildings at the former West Park Aged Persons' Unit and garages in Meadow Lane, Dunston to Keelman Homes Ltd at less than market value pdf icon PDF 263 KB

Report of the Strategic Directors, Corporate Services and Governance and Corporate Resources

Additional documents:

Minutes:

Consideration has been given to the disposal of land, the building which was the former West Park Aged Persons’ Unit and nearby garages at Meadow Lane, Dunston to Keelman Homes Ltd at less than market value in accordance with the procedures for such sales agreed by Cabinet on 30 January 2007 (Min.no.C268).

 

 

 

RESOLVED -

(i)

That the sale of the land and buildings to Keelman Homes Ltd for a consideration that represents less than market value be approved in principle.

 

 

 

 

(ii)

That the Strategic Director, Corporate Services and Governance be authorised to negotiate and agree detailed terms for the disposal of the land and buildings to Keelman Homes Ltd which will be the subject of a further report to Cabinet.

 

 

 

The above decisions have been made to manage resources and rationalise the Council’s assets in line with the Corporate Asset Strategy and Management Plan.