Issue - meetings

Report of Corporate Director ofResources

Purpose of Report

Bodicote House site has been marketed for sale, to facilitate the Council moving to new offices. The report seeks delegated authority and approval to proceed with the Heads of Terms attached to the Exempt part of this report and enter negotiations for the sale contract.

Parts of this report contain commercially sensitive information relating to the financial and business affairs of the Council and others. That information is exempt from publication and included in the exempt version of this report.

Recommendations

Executive recommends:

1.1         To delegate authority to the Corporate Director of Resources in consultation with the Portfolio Holder for Property and the S151 Officer, to proceed with the Heads of Terms attached to the Exempt part and enter into negotiations for the sale contract with Lucy Developments Ltd.

1.2         To delegate authority to the Assistant Director Law & Governance to enter into Heads of Terms.

As set out under item 15

The Corporate Directorof Resources submitted a report in respect of the sale of Bodicote House.

In introducing the public version of the report, the Portfolio Holder for Property explained that Bodicote House site having been marketed for sale, to facilitate the Council moving to new offices the report sought delegated authority and approval to proceed with the Heads of Terms attached to the Exempt part of the report and enter negotiations for the sale contract.

The Portfolio Holder for Property explained that there was an exempt version of the report which included commercially sensitive information relating to the financial and business affairs of the Council and others.